What is Dogecoin (Doge)?

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency established in 2013. Investors can purchase Dogecoin through cryptocurrency exchanges including Coinbase, Binance, and Kraken. As of April 2023, Dogecoin had a market capitalization of $11.4 billion.

Is Dogecoin here to stay?

Whether Dogecoin itself is here to stay—or whether it's destined to flame out as it did after its 2018 peak—is open to debate. But, as the Dogecoin community says, in the end one thing is immutable: 1 DOGE = 1 DOGE. Throughout its lifespan, the Dogecoin community has remained active and loyal.

How did Dogecoin go up in 2021?

July 2020 – A viral TikTok challenge sends Dogecoin volumes soaring, pushing the price up by 96%. The flurry of price action swiftly passes. January 2021 – Dogecoin surges to a market cap of over $9 billion in a price surge orchestrated by the SatoshiStreetBets subreddit.

What is a Dogecoin faucet?

A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities. How Can You Buy Dogecoin?