Dogecoin
DOGE$0.1019
Market Cap
$15.64B
Volume 24h
$2.43B
Vol / Market Cap
15.53%
Rank
#9
DOGE Price Chart
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.
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.
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.
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.
No supply cap leads to perpetual inflation; price remains almost entirely dependent on social media hype and memes.
