On this page, you will find the latest, most comprehensive, and up-to-date price data, technical indicators, and additional information.
Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
On top of that, you can look up the price of in other currencies, such as GBP, EUR, or INR.
Dogecoin Price & Basic Information
Currently, trades at $0.063, -2.05% compared to its price 24 hours ago. The last 24 hour’s volume was $0.
From a long-term perspective, is currently in a Downtrend. The Relative Strength Index shows Neutral signals.
Dogecoin Monthly Chart
|Short Term Trend||Downtrend|
Dogecoin Forex Values
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About Dogecoin (DOGE)
Dogecoin (DOGE) is a cryptocurrency that was created in 2013 as a lighthearted and meme-inspired digital currency. While initially started as a joke, Dogecoin has gained a significant following and has become one of the well-known cryptocurrencies in the market.
The iconic Shiba Inu dog logo and the lighthearted nature of Dogecoin have contributed to its popularity. It quickly gained traction due to its active and supportive community, often engaging in charitable and fundraising efforts. Dogecoin has been used to support various causes, including sponsoring athletes, funding clean water initiatives, and supporting disaster relief efforts.
Technically, Dogecoin is a decentralized and open-source cryptocurrency based on the Scrypt algorithm, providing faster block generation times than Bitcoin’s SHA-256 algorithm. Dogecoin’s blockchain operates similarly to other cryptocurrencies, enabling peer-to-peer transactions focusing on low-cost and fast transactions.
One unique aspect of Dogecoin is its inflationary supply. Unlike Bitcoin, which has a limited supply of 21 million coins, Dogecoin has an uncapped supply, with billions of coins in circulation. Initially, this raised concerns about its long-term value, but the community’s enthusiasm and adoption have helped sustain its popularity.
Over the years, Dogecoin has experienced significant price volatility and speculative trading. It gained attention in 2021 when notable figures, including Elon Musk and other celebrities, tweeted about it, leading to a surge in its price and broader recognition. However, it’s important to note that cryptocurrency investments are highly speculative, and market dynamics can be unpredictable.
While Dogecoin started as a fun and light-hearted cryptocurrency, it has evolved into a symbol of community engagement and support for various causes. It has garnered a dedicated following and has an active presence in the cryptocurrency ecosystem.