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Dogecoin DOGE

Rank #11
$0.088791+0.98% 24h

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Market cap
$13.74B
24h volume
$691.78M
7d change
+3.47%
Circulating supply
154.67B DOGE
Total supply
170.38B DOGE
All-time high
$0.731578

Our take on Dogecoin

Dogecoin is the original meme coin, launched as a lighthearted take on cryptocurrency built around a popular internet dog meme. Despite its joking origins, it has grown into one of the more widely recognized digital currencies, sustained largely by an active and enthusiastic community and a playful, approachable culture. It is frequently used for online tipping, charitable fundraising, and small payments. Technically, Dogecoin is a proof-of-work coin, meaning miners use computing power to validate transactions and secure the network. Unlike coins with a fixed maximum supply, Dogecoin has an uncapped, steadily inflating supply, with a set amount of new coins issued over time. This inflationary design is sometimes described as encouraging spending rather than holding, though views on its effects differ. Dogecoin is notable as much for its social and cultural footprint as for its technology, and its price has at times moved sharply in response to public attention and online sentiment. That sensitivity also points to its risks: it can be highly volatile, its value is heavily tied to community interest and hype cycles, and its long-term utility is debated. This is general educational information, not investment advice.

About Dogecoin

Dogecoin is an open-source digital currency based on the "Doge" meme that functions as a peer-to-peer medium for fast payments and digital tipping. Unlike projects backed by corporate entities, its value is driven by a global community, and the project is managed by a decentralized group of volunteers and the non-profit Dogecoin Foundation rather than a formal company. Originally created in 2013 by software engineers Billy Markus and Jackson Palmer as a market parody, the project held no public sale or venture capital rounds. The network operates as a fork of LuckyCoin, which itself was a fork of Litecoin, using a proof of work consensus mechanism. It employs the Scrypt algorithm to ensure the mining process remains fast and efficient, with new blocks processed every 60 seconds. A unique technical feature is its use of merged mining, allowing miners to secure Dogecoin simultaneously with other Scrypt-based networks like Litecoin. To keep transaction fees low and the network running indefinitely, Dogecoin features an uncapped supply where new coins are added forever. In a major regulatory milestone in March 2026, a joint SEC and CFTC framework officially classified Dogecoin as a dig

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Market data by CoinGecko. For information only โ€” not financial advice. Crypto is volatile and risky. Learning About Crypto may earn a commission from links on the compare pages.