Dogecoin Price Today, Live Chart & History

Dogecoin
DOGE
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$0.17475
0.00000204 BTC
Marketcap
$25,973,538,506
Volume (24h)
$1,412,638,378
Circulating Supply
148,496,536,384 DOGE
Total Supply
148,502,056,384 DOGE

Dogecoin (DOGE) Price Chart

Explore the Dogecoin (DOGE) live price chart for in-depth insights into its market performance.

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Dogecoin (DOGE) Price History

Delve into the Dogecoin (DOGE) price history to understand its long-term value trends.

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Historical Price for Dogecoin
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Dogecoin (DOGE) to USD Converter

Use our Dogecoin to USD converter to seamlessly convert Dogecoin (DOGE) for accurate financial planning.

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What is Dogecoin?

Dogecoin is a fun meme coin that was launched on December 6, 2013. The coin is a decentralized peer-to-peer currency that tried mimicking the popular Bitcoin, but in an an effort to surpass Bitcoin's popularity. Doge features a cartoon Japanese character Shiba Inu, that acts as the coin's mascot. The intention of this mascot is to show the fun part that this coin was intended to be.

Dogecoin's developer Billy Markus based this coin's code on Lucky coin, that is based on another coin called tecoin. Litecoin uses the scrypt technology in its proof-of-work consensus mechanism preventing dedicated Bitcoin miners from mining. It is for this reason that Dogecoin was at least originally effectively mined with ordinary PCs instead of the dedicated miners.

While it was introduced as a fun coin, Dogecoin's community has since grown by a lot. It is now mainly used to tip social media users who contribute great and interesting content on various platforms. Instead of simply liking their content, the contributors get rewards in form of Dogecoins. It is also frequently used for raising funds for charity events, eg. in the case of the construction of a well in the Tana river delta in Kenya.

Apart from Billy Markus, who came up with the original idea, another key individual in the coin's development is Jackson Palmer of Adobe Systems. It is Palmer who took over this project and propelled it to its current status.

 

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