|Market Cap||Volume||Available Supply|
|$26.48 B||$1.09 B||132.37 B DOGE|
Dogecoin price today is $0.2001, Dogecoin price -3.93% down in 24h, Dogecoin market cap is $26.48 B, Dogecoin exchanges, Dogecoin price prediction, price charts, market live
Dogecoin was created by Billy Markus and Jackson Palmer in December 2013. Dogecoin began its journey as a joke currency and it was named after the Shiba Inu “dog” meme.
Dogecoin is a peer to peer decentralized currency. It enables users to send money online instantly across the globe.
Dogecoin is mined like other popular cryptocurrencies. It has a block time of 60 seconds (1 minute) and the difficulty retarget time of four hours. Miners are paid a certain amount of Dogecoin for their work.
Unlike Bitcoin SHA-256 algorithm, Dogecoin is based on Litecoin protocol as it uses "scrypt technology" as a proof-of-work scheme.
There is more than 120 billion Dogecoin in circulation right now. The larger amount of the coins make the value of a single Dogecoin low.
This is the reason why Dogecoin is used in the form of donations, reward-tip for helpful, entertaining, and other useful information on public platforms like Reddit, Twitter, Crypto Forums, etc.
It was created for fun but it has built strong community support.