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Dogecoin
Dogecoin is a type of digital crypto currency, utilising peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Dogecoin, create alerts, follow analysis and opinion and get real time market data.
Investing.com
0.157606
+0.003275(+2.12%)
Real-time Data·
Day's Range
0.155056
0.163270
52 wk Range
0.080549
0.483816
Day's Range
0.1550560.163270
52 wk Range
0.0805490.483816
- Bid/Ask
- -
- Vol (24H)
- 1.05B
- Market Cap
- 23.42B
- Day's Range
- 0.155056-0.16327
- 52 wk Range
- 0.080549-0.483816
- Max Supply
- -
- Circulating Supply
- DOGE148.95B
- Rank
- 8
Type:Currency
Group:Minor
Base:Dogecoin
Second:US Dollar
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orFAQ
How to buy Dogecoin
You can buy Dogecoin through several mediums. You can buy Dogecoin from a regulated cryptocurrency exchange like Coinbase or Gemini. To do this, you need to register an account with the exchange and go through the registration process. You can also buy Dogecoin via peer-to-peer platforms like LocalBitcoins or using a cryptocurrency ATM.
What is Dogecoin?
Dogecoin was created as a comic version of Bitcoin. The cryptocurrency’s name and logo came from the meme of the Shiba Inu dog. Dogecoin, or DOGE, as it is known, was built using the Scrypt programming language and is ideal for small transactions. The asset’s brand has grown tremendously following celebrity endorsements from Tesla boss Elon Musk and billionaire investor Mark Cuban.
How to mine Dogecoin
Mining Dogecoin is similar to mining Bitcoin. It requires validator nodes to compete to solve complex mathematical equations to earn block rewards. However, Dogecoin requires less energy to do so. You can mine Dogecoin on your laptop or join a mining pool which increases the chances of getting block rewards.
How does Dogecoin work?
Dogecoin operates on the same Proof-of-Work (PoW) consensus algorithm as Bitcoin and enables the decentralised transfer of value on a Peer-to-Peer (P2P) basis. However, Dogecoin is demonstrably faster than the older blockchain protocol and ideal for small transactions. Dogecoin mining is less complex, can be carried out on less powerful computers and is less competitive than mining Bitcoin. This is because Dogecoin does not experience a halving event which usually increases the difficulty level of mining a blockchain protocol.
When did Dogecoin start?
Dogecoin was officially launched in December 2013 through the efforts of its founders. It is a hard fork of the Litecoin blockchain, which borrows its tech from the Bitcoin network. Popularly called the silver to Bitcoin’s gold, Litecoin is described as a “lite version of Bitcoin.” The Dogecoin blockchain thrives mainly through its vibrant community, making several charitable donations and featuring on the NASCAR race series.
Who Created Dogecoin?
Dogecoin was created by software engineers Billy Markus and Jackson Palmer as a comic take on the sudden proliferation of digital assets, following the global acknowledgement of Bitcoin.
According to the founders, Dogecoin was conceived as a fun, light-hearted cryptocurrency that would enable greater appeal than the Bitcoin audience, given its link to the popular dog meme.
How to sell Dogecoin?
You can sell Dogecoin on most cryptocurrency exchanges like Binance or eToro. To sell your Dogecoin, you’ll need to register on your preferred exchange, transfer the Dogecoin to the platform and place a sell order to liquidate your holdings.
Likewise, some cryptocurrency ATMs allow you to sell your Dogecoin in exchange for your local currency.
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
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