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Dogecoin

Dogecoin Price DOGE

AUD
A$0.140537
A$0.009633 +7.36%
1D7D1M3M1Y YTD All

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Dogecoin Today's Price

The real-time price of Dogecoin today is A$0.140537(DOGE/AUD), with a market capitalization of A$23.50B AUD. The 24-hour trading volume is A$2.86B AUD. The price of DOGE to AUD updates in real time. Over the past 24 hours, Dogecoin has changed by +7.36%, with a circulating supply of 168.63B.

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About Dogecoin

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency. Considered an altcoin, it was launched in December 2013 and features the image of a Shiba Inu dog named Kabosu on its logo. Dogecoin’s blockchain is notable for its underlying technology, which is derived from Litecoin. Notable features of Dogecoin, which uses the Scrypt algorithm, are its low price and unlimited supply.

In December 2013, software programmers Jackson Palmer and Billy Markus (also known as Shibetoshi Nakamoto) created Dogecoin (DOGE), an open-source peer-to-peer digital currency. It originated as a split from Litecoin, which split off from Bitcoin.

Dogecoin, a cryptocurrency based on the viral Doge meme, achieved a market valuation of more than $80 billion in 2021, solidifying its position as a leading cryptocurrency. Dogecoin is already finding numerous practical applications, such as being accepted as payment for online services and goods in stores.

The creators of Dogecoin take great delight in the fact that their cryptocurrency has a large and welcoming user base. The unofficial slogan of the cryptocurrency is Do Only Good Everyday (DOGE), which includes having fun and being nice among their fundamental principles.

How Does Dogecoin Work?

The rapid ascent to fame, cultural impact, and celebrity endorsements of Dogecoin (including Elon Musk) have led many to draw comparisons to Bitcoin. The fact that Bitcoin has a limit of 21 million coins and Dogecoin has no such restriction is one key distinction between the two.

Shiba Inu (SHIB) is another “memecoin” that takes inspiration from the Doge meme, and it’s often compared to Dogecoin. While SHIB and Dogecoin share many features, there is one major difference: SHIB is an ERC20 token that operates on Ethereum rather than its own blockchain. This is the main reason why many see SHIB as a potential replacement to Dogecoin. In contrast, DOGE is a coin that operates on its own blockchain. The Dogecoin blockchain uses Proof of Work as its consensus mechanism, which is notoriously an algorithm that uses a lot of energy and produces a lot of carbon dioxide.

Dogecoin vs. Bitcoin

Dogecoin marketed itself as a ‘fun’ alternative to Bitcoin, featuring a Shiba Inu dog in its logo. Its casual presentation suited the mood of the growing crypto community. Its Scrypt algorithm and unlimited supply make it a faster, more adaptable, and more consumer-friendly alternative to Bitcoin.

However, Dogecoin is considered an “inflationary coin”, whereas cryptocurrencies like Bitcoin are deflationary due to the limited number of coins that will be created. Every four years, the amount of Bitcoin released into circulation via mining rewards is halved, as is its inflation rate, until all coins have been released.

How to buy Dogecoin?

The easiest way to buy Dogecoin is through a crypto exchange like BTCC. BTCC makes purchasing Dogecoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Dogecoin purchase, register with BTCC today!

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Dogecoin FAQ

Why is Dogecoin going up?

Dogecoin's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Dogecoin a promising investment based on its price history?

Dogecoin(DOGE) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will Dogecoin crash again?

Predicting the exact timing of a Dogecoin crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Dogecoin’s all-time low (ATL)?

The Dogecoin All-Time Low (ATL) price was 0.000085474399384111, recorded on 2015-05-07 09:00. This represents the lowest price for Dogecoin(DOGE) on record.

 

 

What was Dogecoin’s all-time high (ATH)?

The Dogecoin All-Time High (ATH) was A$1.05, which was recorded on 2021-05-08 05:00, representing the highest price Dogecoin has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live DOGE price for the most up-to-date information.

How many Dogecoin are there?

Dogecoin(DOGE) currently records a circulating supply of 168.63B, and its maximum supply is capped at ∞.

 

What is the current market cap of Dogecoin(DOGE)?

The current market cap of Dogecoin(DOGE) is A$23.50B. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.

What is Dogecoin's 24h trading volume?

Dogecoin's 24h trading volume is A$2.86B, representing the total value of all Dogecoin(DOGE) bought and sold across exchanges over the past 24 hours.

What is the current price of Dogecoin(DOGE)?

The current Dogecoin price is A$0.140537. As the DOGE price fluctuates constantly, BTCC provides real-time DOGE to USD prices that can be accessed at the top of our crypto price page.

How to Buy Dogecoin: A Complete Guide?

Dogecoin can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including DOGEUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.