The latest price of Dogecoin at 12:00 on September 2, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Asset Profile

Price: $0.095055193299001
24-Hour Trading Volume: $458,991,201.30287
24-Hour Price Change: -5.28829488%

Circulating Supply: 145,783,986,383.71 DOGE
Max Supply: Not Applicable
Total Supply: 145,783,986,383.71 DOGE

Market Capitalization: $13,857,525,005.602

About Dogecoin (DOGE)

Dogecoin is a decentralized digital currency created as a satire on the cryptocurrency frenzy in 2013. The coin's mascot is a Shiba Inu dog, and its logo is derived from the popular "Doge" meme. Despite its humble origins, Dogecoin has gained significant popularity and value over the years, particularly due to its active online community and endorsements from influential figures.

Dogecoin operates on a proof-of-work blockchain and uses the scrypt algorithm for mining. It has a relatively fast block time of 1 minute, allowing for rapid transaction processing. DOGE is widely used for online tipping, remittances, and as a medium of exchange within the cryptocurrency community.

Conclusion

Dogecoin remains a popular digital currency with a dedicated following. Its price and value can fluctuate significantly, as with all cryptocurrencies, but its long-term prospects are influenced by its community support and potential use cases. Investors should carefully consider their investment strategies and do thorough research before making any decisions.