Dogecoin Live Price

What is Dogecoin?

Dogecoin is an open-source cryptocurrency. It is named Doge as it has the logo of a Japanese dog which was used as a meme on social media. The main use of Dogecoin was in social media where it started. Dogecoin is used as a tipping method where social media users tip other accounts for their content. Also, users trade items on social media or even outside social media using Dogecoin.

How does DOGE work?

Dogecoin is a replication of Bitcoin where it uses the same technology but it has a different blockchain created over the Ethereum blockchain. It uses mining parameters similar to that of Litecoin with less block validation time.

Dogecoin is a bi-product of Litecoin where miners who create and validate blocks for Litecoin will be creating Dogecoin at the same time as they work on the same blockchain. Further, Dogecoin has an unlimited supply (I.e. there is no limit to the number of Doge coins that can be available in the market).

History of Dogecoin

The coin was created by Jackson Palmer and Billy Markus. Palmer created the coin in 2013 for sarcasm over Bitcoin which started its hype at that time. When people took it seriously, he partnered with Markus (a software developer) and created the Dogecoin as it is known today.

Get Dogecoin Price Change Alerts

Verdasi can notify you when DOGE goes up or down. Get a text message or email when Dogecoin changes in price.

How much is Dogecoin worth?

Dogecoin (DOGE) is worth 0.11 USD as of March 15, 2022, 2:18 am UTC time. View the interactive graph to see how much Dogecoin has changed in the last hour or historically. Dogecoin (DOGE) was created in 2013 as a lighthearted alternative to traditional cryptocurrencies like Bitcoin. The Dogecoin name and Shiba Inu logo are based on a meme. Unlike Bitcoin, which is designed to be scarce, Dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply.