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View ChartThe 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.
Buy DogecoinDogecoin (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.
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 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.
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!
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.
Dogecoin(DOGE) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.
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.
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.
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.
Dogecoin(DOGE) currently records a circulating supply of 168.63B, and its maximum supply is capped at ∞.
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.
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.
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.
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.