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  1. Cryptocurrencies
  2. Dogecoin Price
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Dogecoin

DOGE

Rank #10
$ 0.08385
-0.58%
24H Low$0.08267
24H High$0.08470
24H Volume
539.68M
All-Time High(ATH)
$0.7316
All-Time Low(ATL)
$0.00008690
Market Cap
11.92B
Fully Diluted Valuation
11.92B
Market Cap/FDV
1
Circulating Supply
142.07B DOGE
Total Supply
142.07B DOGE
Max Supply
Market Sentiment
Positive
* Data from 3rd parties

Dogecoin (DOGE) Price Trends

Time period
Change amount
% Change
1H
$ -0.0003755
-0.45%
24H
$ -0.0004881
-0.58%
7D
$ 0.005391
6.43%
14D
$ 0.001677
2%
30D
$ 0.01794
21.4%
1Y
$ -0.01315
-15.68%

Live Dogecoin (DOGE) Price Update

Dogecoin price today is $0.08385 with a 24-hour trading volume of 539.68M, and as such Dogecoin has a market cap of 11.92B, giving it a market dominance of 0.78%. The Dogecoin price moved -0.5821% in the last 24 hours.

Dogecoin reached its highest price on 2021-05-08 when it was trading at its all-time high of $0.7316, while its lowest price was recorded on 2015-05-06 when it was trading at its all-time low of $0.00008690. The current lowest price since the last cycle high was $0.00008690, and the highest price since the last cycle low was $0.7316. The social sentiment of Dogecoin is currently Positive.

The current circulating supply of Dogecoin is 142.07B DOGE. In terms of market cap, Dogecoin is currently ranked 10.

About Dogecoin (DOGE)

Dogecoin, also known as DOGE, originates from a fork of the Litecoin code base. Dogecoin was founded in 2013. Its founder, Jackson Palmer, created Dogecoin with the idea of creating a "witty" digital currency and the most popular Doge Emoji. With the help of people's extensive understanding of the Emoji, the Dogecoin quickly gained attention once it was released, and the price continued to rise in a short time.


How does Dogecoin (DOGE) Work?

The Dogecoin network adopts the PoW proof of work (PoW) mechanism, that is, it needs to add new blocks to the distributed ledger to form collaboration with other nodes. However, it is different from the Bitcoin network in that Dogecoin follows the Scrypt hash algorithm of Litecoin. This algorithm is simpler than the SHA-256 algorithm used by the Bitcoin network, and the mining power is lower and faster. At the same time, the joint mining mode is also adopted, that is, litecoin miners can earn Dogecoin at the same time when mining.

In the Dogecoin network, the confirmation time of a block only takes 1 minute, while in the Bitcoin network, the confirmation time of a block takes 10 minutes. In contrast, Dogecoin is low in price and fast in transfer speed. It is suitable for online rewards and other purposes.


What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency based on the Scrypt algorithm. The total supply of Dogecoins in the first year was 100 billion, and it will be issued in the number of 5 billion each year. There is no upper limit. At present, the total supply of Dogecoins has exceeded 128.989 billion. Tip spending, storing in wallets, trading / exchanging other cryptocurrencies and purchasing goods are the most common use scenarios of Dogecoin. Thanks to the "people friendly" positioning of Dogecoin, Dogecoin has a wide audience in the community. In 2021, due to community effects and market events, Dogecoin quickly became popular and its value continued to soar. Tesla CEO Musk also mentioned it on Twitter and once opened his products to accept Dogecoin payment to show his support for Dogecoin.


Dogecoin (DOGE) Crypto Wallet

In addition to placing DOGE in the Gate.io exchange to facilitate trading, DOGE can also be placed in a crypto wallet.

Dogecoin Core, MyDoge, DogeChain and other wallets are officially recommended by Dogecoin. Users can learn about the operation process and wallet characteristics on relevant official websites.

FAQs

1. What determines the price movement of Dogecoin?

There are two schools of thought in determining the price of Dogecoin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Dogecoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Dogecoin from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Dogecoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Dogecoin as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Dogecoin and the cryptocurrency market as a whole.

Dogecoin (DOGE) News

Dogecoin (DOGE) Announcements

Gate.io will list Doge 2.0(DOGE2)

Gate.io is going to commence Doge 2.0_DOGE2_ trading on 14:00 July 7th, 2023 UTC.
readings: 22071Posted:

Gate.io Supports Lend & Earn PEPE/AIDOGE/SUI, Get up to 49.93% APR!

Gate.io supports Lend & Earn PEPE/AIDOGE/SUI. The high real-time APR ranges from 36.79% to 49.93%, and their borrowed percentage is up to 100%!
readings: 18582Posted:

Gate.io Has Added BAIDOGE (1 billion ArbDoge AI as unit of base asset) Perpetual Contract

Gate.io has added AIDOGE perpetual futures with 1 billion AIDOGE tokens as the unit of base, The symbol BAIDOGE represents 1 billion AIDOGE tokens; and the index price of BAIDOGE tracks 1 billion times of AIDOGE spot price. The BAIDOGE/USDT perpetual contract (USDT margin) supports up to 20X leverage. Trade BAIDOGE/USDT perpetual contract at: https://www.gate.io/futures_trade/USDT/BAIDOGE_USDT You can also practice your skills at your demo account, risk free via: https://www.gate.io/testnet/futures_trade/USDT/BAIDOGE_USDT Learn more about BAIDOGE/USDT perpetual contract specifications: https://www.gate.io/futures_market_info/usdt/BAIDOGE_USDT/market_info About Gate.io Perpetual Contract Market Gate.io's perpetual contract market is the most active market in the world, with a daily volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in our insurance fund to cover losses due to liquidation. We offer up to 100X leverage for BTC and support high leverage of 20X or 50X for a dozen of other assets, such as ETH,EOS,LTC,BCH,BSV and more. We use composite indices from several exchanges to mark liquidation, thus avoiding unnecessary liquidation. The futures market has been running stably and significantly reduced investors’ risk. Please note, perpetual contracts are of high leverage and incur a high risk. Please trade within your financial capacity. About Margin Currency Types in Gate.io Perpetual Contract Market Currently, there are two margin currencies, BTC and USDT, in Gate.io perpetual contract markets. Based on the margin currency, we group perpetual contracts into two separate groups, USDTmargined perpetual Contracts and BTCmargined Perpetual respectively. To trade any BTC margined perpetual contract, you have to transfer in BTC to your BTC Perpetual Contracts Account as margin, where PNL is also settled in BTC. To trade any USDT margined perpetual contracts, you have to transfer in funds to your USDT Perpetual Contracts Account, where PNL is also settled in USDT. USDT margined perpetual, using a stablecoin as margin and currency to settle Profit and Loss, they eliminate the volatility in return caused by BTC price fluctuations, which are considered a better fit to beginners. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team April 19, 2023
readings: 29069Posted:

Gate.io will list ArbDoge AI (AIDOGE)

Gate.io is going to commence ArbDoge AI _AIDOGE_ trading on 14:00 PM April 18th, 2023 UTC.
readings: 46441Posted:

Gate.io Has Swapped $Dogedash for $HELLO

According to the official announcement of Dogedash, Dogedash will be rebranded as HELLO, and $Dogedash will be swapped for $HELLO at a ratio of 100:1. 100Dogedash=1HELLO. Gate.io has now completed the swap for all users. Users can now log in to their accounts to check their $HELLO balance. $HELLO trading will start on October 20th, 4:00am UTC. HELLO token address: 0x0f1cbed8efa0e012adbccb1638d0ab0147d5ac00 Deposit HELLO: https://www.gate.io/myaccount/deposit/HELLO Trade HELLO: https://www.gate.io/trade/HELLO_USDT Please note that after the swap, HELLO token supply will be a hundredth of that of Dogedash, and the price will be 100 times that of Dogedash without considering other factors that might impact the price. Please have a clear understanding of this situation to avoid any mistake when placing an order. Dogedash official announcement: https://coinmarketcap.com/community/articles/39920 Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io Telegram: https://t.me/gate_io Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team Oct 19, 2022
readings: 37001Posted:

Gate.io Has Added A 16-Day Time-Limited Reward of 2,915 USDT (As High As 976 ERG) to ETH/USDT, BTC/USDT,DOGE/BTC Liquidity Pools

Gate.io has launched a new version of liquidity mining pools (adding about 50% trading fee on the platform) on August 1, 2021. We have also added a 16-day time-limited reward to ETH/USDT, BTC/USDT,DOGE/BTC liquidity mining pools (As High As 976 ERG). We will further add additional time-limited rewards to the mining pools of more trading pairs. Please keep a close eye on the subsequent announcements. The total amount of the current liquidity mining pool bonus reaches 67,982.75 USDT, and the total liquidity is up to 19,843,105.01 USDT; the ETH/BTCtrading pair enjoys the highest total liquidity in the mining pool, reaching 1,204,900 USDT; the 24-hour trading volume of SWAY/USDT mining pool ranks first, reaching 14,586.66 USDT; the SWAY/USDT trading pair has the highest annual yield today, reaching 5091.88%. Welcome to join them to earn returns! To Earn Returns Right Now! Gate.io has launched the Liquidity Mining Help Guide which offers common Q&A and procedures to help users. You can also join the Gate.io LM N Lending & Single-Asset Vault Group to share and discuss ideas with more users. The TG Group will bring more latest information on Liquidity Mining to you. To further enhance the user experience, Gate.io has officially launched the centralized Automated Market Maker (AMM) service on August 1, 2021. This allows most of the new and non-mainstream coin markets to gain similar liquidity as Uniswap. It allows users to enjoy a low-cost and high-quality user experience on a centralized platform. Gate.io will continue to add supported currencies, please pay close attention to further announcements. View the Announcement: Gate.io Liquidity Mining Will Adjust the Fee Rate of Market Maker (AMM Mode) View the new liquidity pool: Gate.io will upgrade some markets to automated market maker (AMM) (new 50% platform trading fee bonus) Extended Reading: What is the Automated Market Maker (AMM) mechanism? Through the automated market maker mechanism, the liquidity provider (LP) can earn trading fee revenue by providing liquidity to the market. The order takers offer fees to the LP in exchange for lower slippage. Through this mechanism, the market needs of both parties are well matched, allowing LPs and takers to get what they want. What is an impermanent loss? It refers to the loss of capital due to spreads that occur when the price of a digital asset changes after an investor has deposited in the automated market maker liquidity pool. Irrespective of how the price of the digital asset changes, inpermanent loss will occur and the larger the spreads, the larger the loss. What is liquidity mining? Liquidity mining is a method of acquiring more cryptocurrencies by pledging cryptocurrency. It is a new trend in decentralized finance (DeFi) that allows cryptocurrency investors to fully utilize their crypto assets and receive higher returns. Anyone can participate in the eco. Simply put, this means locking in cryptocurrencies to receive rewards. What are the benefits of providing liquidity? Users can earn market making dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automatic market making in the pool is distributed to the liquidity provider in proportion to their share of the pool. Liquidity can be accessed in real time without any commission charges. Science: From Market Maker to Liquidity Mining, How Important is Liquidity? Why is Gate.io Liquidity Mining Great for Low Volatility? Science: What You Need to Know About Investments in Liquidity Mining Products Gate.io | Your Gateway to the Blockchain Universe Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io Telegram: https://t.me/gate_io Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team August 25th,2022
readings: 35537Posted:
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