Dogecoin
DOGEPrice
$0.008532
24 Hour % Change
-2.72%
Market Cap
$1.09B
Volume (24h)
$254.46M
USD
Key metrics
24 Hour Low
$0.008472
24 Hour High
$0.008922
Net change
$-0.000237
24 Hour Open
$0.008713
All time high
$0.017586
Total Supply
127.97B
Returns (24H)
-2.72%
Returns (YTD)
59.38%
Volatility (30d)
2.88
Transaction Count (24h)
26,743
Average Transaction Fee (24h)
$0.019033
Value Transacted (24h)
$5.90M
About Dogecoin
Category
Value proposition
Dogecoin emerged in 2013 as a joke. It was created by Jackson Palmer and Billy Markus to satirize the growth of altcoins by making the doge internet meme into a cryptocurrency. While it was birthed as a joke, it actually led to some practicality as it’s large supply and low price facilitated efficient micro-tipping content on social media. It is a derivative of Luckycoin which forked from Litecoin and uses a Scrypt algorithm. Dogecoin has 1 minute block intervals making it faster than other blockchains. There is no cap to the supply of coins and thus the coin can inflate infinitely.
Disclaimer
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Foundations - Consensus: Distributed
May 13, 2020
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