DogecoinDOGE
DogecoinRank: # 8
Market Cap: $ 24,693,812,430
Volume (24hrs): $ 1,876,972,166
Circulating Supply: 148,673,556,384 DOGE
Price in BTC: Ƀ 0.00000199
Change (1 Hr): -0.26%
Change (7 Days): -16.77%
Change (30 Days): -13.60%
All Time High: $ 0.731578
All Time High Date: May 8, 2021
Dogecoin Coverter:
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$ 0.1659863.16%
Dogecoin Coverter:
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$ 0.1659863.16%
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* Currency in USD
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- Hackers are selling counterfeit phones with crypto-stealing malwareCointelegraph.com News - 7 minutes agoKaspersky researchers say they have found 2,600 confirmed infections through this scam in different countries, with the majority of users in Russia. Cybersecurity firm Kaspersky…
- US House committee passes stablecoin-regulating STABLE ActCointelegraph.com News - 27 minutes agoThe US House Financial Services Committee has passed a stablecoin framework bill, the STABLE Act, which will now head to a full House vote. The…
- DDoS attacks now a dominant means of waging political cyber-warfareCointelegraph.com News - 1 hour agoDistributed denial-of-service attacks are “more powerful than ever,” with AI helping automate tasks and bypass CAPTCHA systems, according to Netscout researchers. Distributed denial-of-service (DDoS) attacks…
- Elon Musk’s Neuralink seeks patients globally to try its brain chipsCointelegraph.com News - 1 hour agoNeuralink has put out a global call for patients willing to test drive its brain chips, which allow people to control computers with just their…
- ‘National emergency’ as Trump’s tariffs dent crypto pricesCointelegraph.com News - 2 hours agoA crypto investment specialist at crypto asset manager 21Shares told Cointelegraph that while markets experienced significant volatility, the tariff clarity could be a good thing…
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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DOGE
Dogecoin
- EUR
- USD
- GBP
- 0,153757 €
- $ 0.165986
- $0.128446