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Dogecoin

DOGE
MemeRank #9Dogecoin

$0.1019

+7.12%24h
+11.52%7d

Market Cap

$15.64B

Volume 24h

$2.43B

Vol / Market Cap

15.53%

Rank

#9

DOGE Price Chart

About Dogecoin

Dogecoin is a cryptocurrency that started as a meme and evolved into a widely used digital currency.

Dogecoin is a cryptocurrency that originated as a meme and evolved into a widely recognized digital currency commonly used for tipping, microtransactions and online communities.

How It Works

Originally a fork of Litecoin, it functions as a Proof of Work "meme coin." It uses the Scrypt algorithm and has no maximum supply, intended for frequent, low-value transactions and social media tipping due to its fast block times.

Use Cases

Social & Retail Payments: Used as a community-driven medium of exchange for online tipping, social media micro-transactions, and as a speculative digital asset with high cultural influence.

Tokenomics

Inflationary Meme-Currency: Has a permanent inflationary supply (5 billion new coins per year) to encourage use as a currency rather than hoarding. Used for social media tipping, small retail payments, and as a cultural "entry point" to crypto.

Risks & Considerations

No supply cap leads to perpetual inflation; price remains almost entirely dependent on social media hype and memes.

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