Dogecoin
DOGERank #10$0.1103
1h
+0.38%
24h
+11.33%
7d
+12.31%
Key Statistics
Market Cap
$17.0B
24h Volume
$3.0B
Circ. Supply
154.02B DOGE
Total Supply
154.03B DOGE
Max Supply
∞
All-Time High
$0.7316
ATH Date
May 8, 2021
Market Cap Rank
#10
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Affiliate disclosure →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 digital commodity, placing it in the same asset category as gold or oil.
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CoinDesk · 49m ago
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CoinDesk · 1h ago
Celsius founder Alex Mashinsky settles FTC case with $10M payment
Cointelegraph · 1h ago
Quick Converter
1 DOGE = $0.11 · Rate refreshes live
Frequently Asked Questions
Dogecoin (DOGE) is ranked #10 by market capitalisation with a current market cap of $17.0B. 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.
You can buy Dogecoin on several major exchanges: Binance (global, lowest fees), Bybit (great for derivatives), KuCoin (widest altcoin selection), and Coinbase (best for US users). If you're in Nigeria, South Africa, Kenya, or Malaysia, Luno is an excellent regulated option. Simply create an account, verify your identity, deposit funds, and place a market or limit buy order for DOGE.
Whether Dogecoin is a good investment depends on your financial goals and risk tolerance. Cryptocurrency is highly volatile. Dogecoin has a current market cap of $17.0B, which reflects its market position. Always do your own research (DYOR), never invest more than you can afford to lose, and consider consulting a financial advisor. CoinGlance does not provide financial advice.
The price of Dogecoin is determined by supply and demand on cryptocurrency exchanges worldwide. Key factors include: overall market sentiment, Bitcoin's price movement, protocol developments, regulatory news, macroeconomic factors, and social media activity. The current 24h trading volume of $3.0B reflects market activity.
You can store Dogecoin in several ways. Exchange wallets (like Binance or Coinbase) are convenient but carry counterparty risk. Software wallets give you control of your private keys. For maximum security, hardware wallets like Ledger or Trezor store your keys offline. Remember: not your keys, not your coins.
Bitcoin (BTC) is the original cryptocurrency, primarily used as a store of value. Dogecoin (DOGE) is a different asset with its own unique use case. Both can be purchased on the same exchanges, but they serve different purposes in a portfolio.