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How much is Dogecoin worth 2021?

That changed in 2021, when DOGE became one of the larger cryptocurrencies by market cap — with a total value that topped $80 billion in 2021, even though each individual coin is worth pennies. How is Dogecoin mined? Like more prominent cryptocurrencies, including Bitcoin and Ethereum, Dogecoin is also secured by mining.

What happened to Doge in 2021?

Then came 2021. A boom in retail trading and cryptocurrency investments, spurred in part by boredom and the arrival of stimulus checks, led people back to Doge. On Jan. 1, a single coin was worth $0.0054. At one point in May, its value jumped to more than $0.74.

What is Dogecoin (Doge)?

Dogecoin is 89.97% below the all time high of $0.74. The current circulating supply is 139,261,436,383.705 DOGE. This content is for informational purposes only. Dogecoin (DOGE) was created in 2013 as a lighthearted alternative to traditional cryptocurrencies like Bitcoin. The Dogecoin name and Shiba Inu logo are based on a meme.

Why is Dogecoin going up on 4/20?

Perhaps not coincidentally, Doge Day’s 4/20 date happens to be the national holiday for marijuana fans. This could be a “buy the rumor, sell the news” event. Traders — bolstered by celebrity and company endorsements — have been pushing up Dogecoin in anticipation of Doge Day.

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