What is Dogecoin (DOGE)?
Dogecoin (DOGE) is the world's first community-driven meme cryptocurrency, featuring the iconic Shiba Inu meme. Created in 2013 as a fork of Lucky Coin (which originated from Litecoin and Bitcoin), it has evolved into one of the most recognizable digital assets.
Current DOGE Market Data (2025)
- Price: $0.1708
- 24h Trading Volume: $1,081,823,674
- Price Change (24h): +1.46%
- Circulating Supply: 149,318,966,384 DOGE
- Market Cap: $25,497,923,787
👉 Track real-time DOGE price movements
Key Characteristics of Dogecoin
Cultural Foundations
- Tipping Culture: Originally used for rewarding online content
- Charity Initiatives: Notable for fundraising campaigns
- Grassroots Appeal: Accessible pricing promotes widespread adoption
Technical Specifications
- Algorithm: Scrypt
- Block Time: 1 minute (vs Bitcoin's 10 minutes)
- Transaction Speed: Faster than BTC, ideal for micropayments
Where to Trade Dogecoin
Top 5 Exchanges by DOGE Trading Volume:
| Rank | Exchange | Trading Pair | Price (USD) | 24h Volume |
|---|---|---|---|---|
| 1 | Binance | DOGE/USDT | $0.1819 | $342M |
| 2 | Coinbase Pro | DOGE/USD | $0.1822 | $94M |
| 3 | OKX | DOGE/USDT | $0.1820 | $93M |
| 4 | Upbit | DOGE/KRW | ₩263.50 | $97M |
| 5 | Bitget | DOGE/USDT | $0.1819 | $85M |
👉 Compare DOGE trading platforms
Frequently Asked Questions
Why did Dogecoin gain popularity?
Elon Musk's public endorsements in 2021 significantly boosted DOGE's visibility. The coin remains highly responsive to Musk-related news and developments.
Is Dogecoin a good investment?
As with any cryptocurrency, DOGE carries volatility risks. Its long-term viability depends on continued community support and adoption as a payment method.
How does Dogecoin differ from Bitcoin?
Key differences include:
- Faster transaction confirmation
- Higher total supply
- Lower individual coin value
- Different mining algorithm (Scrypt vs SHA-256)
Where can I store Dogecoin?
DOGE can be stored in:
- Official Dogecoin wallet
- Multi-currency crypto wallets
- Exchange-provided wallets (for trading purposes)
What's DOGE's inflation rate?
Dogecoin has a fixed annual inflation rate of 5 billion coins added to circulation - designed to incentivize miners while maintaining predictable supply growth.
Social Media Presence
- Twitter: @dogecoin
- Reddit: r/dogecoin
- Telegram: Official Dogecoin group
Remember: Always conduct thorough research before trading cryptocurrencies. Market conditions can change rapidly.