(24-hour Dogecoin price trend)
As of January 1, 2025, 12:00 AM UTC, Dogecoin (DOGE) was trading at $0.32707913622135, with a 24-hour trading volume of $2452133785.3894. The price of Dogecoin has increased by 5.39657761% in the past 24 hours.
Key metrics:
- Circulating Supply: 147430586383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 147430586383.71 DOGE
- Market Cap: $48221468846.99
Dogecoin is a decentralized, peer-to-peer cryptocurrency created by software engineers Billy Markus and Jackson Palmer. It was originally intended as a satirical take on the cryptocurrency market, but it has since gained significant popularity and become one of the most widely traded cryptocurrencies in the world.
Dogecoin is based on the Litecoin blockchain and uses a proof-of-work consensus mechanism. It has a block time of 1 minute and a block reward of 10,000 DOGE. Dogecoin can be mined using a variety of hardware, including ASICs, GPUs, and CPUs.
Dogecoin is a popular currency for online payments and tips, and it has also been used to fund charitable projects. It is accepted by a growing number of merchants, including Overstock.com, Newegg, and Twitch.
The future of Dogecoin is uncertain, but it is likely to continue to be a popular cryptocurrency due to its low price, fast transaction times, and strong community support.