The live price of Dogecoin is $ per (DOGE / USD) with a current market cap of $ . 24-hour trading volume is $ USD. DOGE to USD price is updated in real-time. Dogecoin is in the last 24 hours with a circulating supply of .
Originally created as a meme, Dogecoin has become widely used for tipping content creators, making online purchases, and supporting charitable donations. Some merchants accept Dogecoin as payment, and it is actively traded on multiple cryptocurrency exchanges.
Dogecoin uses the Proof-of-Work (PoW) consensus mechanism, like Bitcoin and Litecoin, but with the Scrypt algorithm instead of SHA-256. This allows for more energy-efficient mining, as Scrypt requires less computational power than Bitcoin's mining process.
Elon Musk has not revealed the exact amount of Dogecoin he owns. However, he has been a prominent supporter of the cryptocurrency, frequently sharing memes and comments on social media that have boosted its popularity. Musk has confirmed that he personally owns some Dogecoin and has playfully called himself the "Dogefather."
Dogecoin was created in December 2013 by software engineers Billy Markus and Jackson Palmer as a fun project based on the "Doge" meme featuring a Shiba Inu dog. Although both Markus and Palmer have since stepped back from the project, Dogecoin is now maintained by a community of volunteers.
Dogecoin has no maximum supply limit. Approximately 10,000 new coins are mined every minute, making it an inflationary cryptocurrency. As of now, the circulating supply is over 147 billion DOGE.
Dogecoin is accepted by several companies across various industries. Some notable examples include the Dallas Mavericks basketball team, Newegg, eGifter, AllGamer.net, airBaltic, Hasty Market, and Mark Cuban's Magnolia Theatre chain. As more businesses recognize the value of Dogecoin, its acceptance and usage as a payment method are likely to increase.
DOGE can be purchased directly from EXMON using a debit or credit card. You can also trade DOGE for other cryptocurrencies on the EXMON exchange. The live DOGE price is updated in real-time on EXMON. For further instructions and information, users can refer to our How to Buy DOGE Guide.
For future price predictions of Dogecoin, check out our Dogecoin Price Prediction page. Please note that the data displayed is based on user input and not EXMON's opinion
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