Introduction to Dogecoin (DOGE)
Current Market Overview
Dogecoin (DOGE) is trading at $0.1708** with a 24-hour trading volume of **$1,081,823,674. The price has increased by +1.46% in the past 24 hours. With a circulating supply of 149,318,966,384 DOGE, its market capitalization stands at $25,497,923,787.
What Is Dogecoin?
Dogecoin (DOGE) is the world's first community-driven meme coin, featuring the iconic Shiba Inu meme. Created in 2013 as a fork of Lucky Coin (itself a Litecoin fork), DOGE gained mainstream attention thanks to Elon Musk's public endorsements in 2021. The coin remains a top-tier cryptocurrency, consistently ranking among the top 10 by market cap.
Origins and Background
Launched on December 12, 2013, Dogecoin uses the Scrypt algorithm for faster transactions (1-minute confirmations vs. Bitcoin’s 10 minutes). Its low cost and high supply make it ideal for microtransactions and online tipping, embodying a grassroots, inclusive ethos.
Core Cultural Pillars
- Tipping Culture: Rewarding content creators and community members.
- Charity Initiatives: Funding humanitarian projects (e.g., sponsoring athletes and water wells).
- Community-Driven: A decentralized, open-source project with no formal leadership.
Dogecoin Social Channels
- Twitter: @dogecoin
- Reddit: r/dogecoin
- Telegram: Official Group
Contract Address
- BNB Chain (BEP20):
0xba2ae424d960c26247dd6c32edc70b295c744c43
Dogecoin Exchange Listings and Price Data
| Rank | Exchange | Trading Pair | Price (USD) | 24H Volume | 24H Volume (USD) | Updated |
|---|---|---|---|---|---|---|
| 1 | Binance | DOGE/USDT | $0.1819 | 1,882,523,805 DOGE | $342,355,779 | Just now |
| 2 | Coinbase Pro | DOGE/USD | $0.1822 | 516,305,001 DOGE | $94,070,771 | Just now |
| 3 | OKX | DOGE/USDT | $0.1820 | 512,025,830 DOGE | $93,188,701 | Just now |
| 4 | Upbit | DOGE/KRW | ₩263.5000 | 498,702,339 DOGE | $97,248,180 | Just now |
| 5 | Bitget | DOGE/USDT | $0.1819 | 467,027,873 DOGE | $84,938,359 | Just now |
👉 Trade DOGE with zero fees on OKX
FAQs About Dogecoin
Q1: Is Dogecoin a good investment?
A1: DOGE is highly volatile and influenced by social trends. While it has community support, investors should research and assess risk tolerance.
Q2: How can I buy Dogecoin?
A2: Purchase DOGE on major exchanges like Binance, Coinbase, or OKX using USD, USDT, or BTC pairs.
Q3: What drives Dogecoin’s price?
A3: Elon Musk’s tweets, meme culture, and broader crypto market trends significantly impact DOGE’s value.
Q4: Can Dogecoin reach $1?
A4: Achieving $1 would require a massive market cap increase. Community efforts and adoption play key roles.
Q5: Where can I store DOGE securely?
A5: Use hardware wallets (Ledger/Trezor) or trusted software wallets like Trust Wallet.
Q6: How does Dogecoin differ from Bitcoin?
A6: DOGE has faster transactions, infinite supply (vs. BTC’s 21M cap), and a lighter, community-focused ethos.
👉 Explore Dogecoin staking opportunities
Key Takeaways
- Utility: Tipping, donations, and microtransactions.
- Popularity: Backed by celebrities and a loyal community.
- Volatility: Prices react sharply to social media trends.
Disclaimer: Cryptocurrency investments carry risks. Always conduct independent research.