Dogecoin Price today is $0.1333 - Dogecoin exchanges, Dogecoin Price prediction, market live

dogecoin Dogecoin (DOGE)

$0.1333
-4.89% (24H)
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Market CapVolumeAvailable Supply
$17.64 B $1.38 B132.67 B DOGE

Dogecoin price today is $0.1333, Dogecoin price -4.89% down in 24h, Dogecoin market cap is $17.64 B, Dogecoin exchanges, Dogecoin price prediction, price charts, market live

dogecoin explained - how to buy dogecoin

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 explained - How to buy Dogecoin

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.

Dogecoin has no supply limit this makes it an inflationary coin, while most cryptocurrencies like BitcoinLitecoin are deflationary (fixed circulation limit)

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.

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