

Rank: # 9
Market Cap: $ 25,494,188,792
Volume (24hrs): $ 1,072,452,068
Circulating Supply: 149,696,286,384 DOGE
Price in BTC: Ƀ 0.00000163
Change (1 Hr): -0.32%
Change (7 Days): -10.76%
Change (30 Days): -24.88%
All Time High: $ 0.731578
All Time High Date: May 8, 2021
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# | Source | Pair | Volume | Price | Change | Updated |
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- Canada’s Sol Strategies files with SEC to list on the NasdaqCointelegraph.com News - 25 minutes agoSol Strategies’ stock price rose by more than 4% following the announcement that it has filed to be listed on the Nasdaq exchange. Sol Strategies,…
- Pacific nation Nauru passes law to establish a crypto regulatorCointelegraph.com News - 59 minutes agoThe brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.…
- Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — TraderCointelegraph.com News - 1 hour agoA crypto analyst says the altcoin season “we are all craving for” now hinges on Ether doing better and showing strength. Crypto market interest is…
- Ohio House passes bill allowing up to $200 tax-free crypto paymentsCointelegraph.com News - 1 hour agoOhio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax. Ohio’s…
- Need ChatGPT’s help? It could be making you dumberCointelegraph.com News - 1 hour agoMIT research has found heavy use of ChatGPT impairs memory, lowers brain engagement and may hinder learning by replacing critical cognitive processes. Artificial intelligence chatbots…
What is Dogecoin?
Dogecoin is a fun meme coin that was launched on December 6, 2013. The coin is a decentralized peer-to-peer currency that tried mimicking the popular Bitcoin, but in an an effort to surpass Bitcoin's popularity. Doge features a cartoon Japanese character Shiba Inu, that acts as the coin's mascot. The intention of this mascot is to show the fun part that this coin was intended to be.
Dogecoin's developer Billy Markus based this coin's code on Lucky coin, that is based on another coin called tecoin. Litecoin uses the scrypt technology in its proof-of-work consensus mechanism preventing dedicated Bitcoin miners from mining. It is for this reason that Dogecoin was at least originally effectively mined with ordinary PCs instead of the dedicated miners.
While it was introduced as a fun coin, Dogecoin's community has since grown by a lot. It is now mainly used to tip social media users who contribute great and interesting content on various platforms. Instead of simply liking their content, the contributors get rewards in form of Dogecoins. It is also frequently used for raising funds for charity events, eg. in the case of the construction of a well in the Tana river delta in Kenya.
Apart from Billy Markus, who came up with the original idea, another key individual in the coin's development is Jackson Palmer of Adobe Systems. It is Palmer who took over this project and propelled it to its current status.
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