Dogecoin Price today
Dogecoin, also known as DOGE, has a price today of 0,0035$ and a market capitalization of 403.872.352$, which is 0,14% of the total. Dogecoin has a total of 115.392.102.400 coins in circulation.
In the last 24 hours, the price of Dogecoin has increased 0,000090$, which is 2,64% of its valuation.
What is Dogecoin?
People are continuously creating new memes for fun. Memes are everywhere. None can imagine that a cryptocurrency can be built based on a meme. But, it actually happened. On 6th December of the year 2013, a new cryptocurrency was officially introduced as a joke currency. This joke currency was called the Dogecoin.
Dogecoin comes from the internet meme Doge. They use a meme of Shiba Inu dog to represents its logo. At first, Dogecoin team was planning to produce 100 billion Dogecoins only. But later, they announced that there would be unlimited Dogecoin production. From then, every year they create 5.256 billion coins.
- Dogecoin is a gateway to the cryptocurrency industry.
- It provides its users with faster and higher volume transaction on its platform.
- It reduces the transaction fees compared to the traditional Bitcoin model.
- Dogecoin comes with the increased liquidity.
- It allows the widespread adoption of the currency.
Dogecoin technology is mainly based on Luckycoin. Luckycoin was created based on Litecoin blockchain. So, basically, the main technology behind the Dogecoin is the Litecoin blockchain technology. Its ledger uses the consensus mechanism of proof-of-work protocol. It validates the transaction on its blockchain. It also uses the scrypt hashing function.Visit website open_in_new
|Price in BTC||0.00000046 BTC|
|Current Supply||115.392.102.400 DOGE|
|Total Supply||2.147.483.648 DOGE|
|24h Volume (coin)||11.977.516 DOGE|
|24h Volume (currency)||$41.795|
|Last updated||2018-07-22 18:50:04 +01:00 BST|
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