(24-hour Dogecoin price trend)
Dogecoin: A Closer Look at the Beloved Meme Cryptocurrency
As of November 14, 2024, at 19:00 UTC, Dogecoin (DOGE) stands at a price of $0.39527146601305 with a 24-hour trading volume of $21,693,731,699.883. The cryptocurrency has experienced a growth of 1.67876573% over the past 24 hours.
Dogecoin has a circulating supply of 146,786,546,383.71 DOGE, a maximum supply of 146,786,546,383.71 DOGE, and a total supply of 146,786,546,383.71 DOGE. Its current market capitalization is $58,020,533,380.08.
How Dogecoin Works
Dogecoin is a decentralized, peer-to-peer digital currency that uses blockchain technology. It was created in 2013 as a joke by Billy Markus and Jackson Palmer, but it has since gained a significant following and is now one of the most popular cryptocurrencies in the world.
Dogecoin works similarly to other cryptocurrencies such as Bitcoin. It is based on a public blockchain that records all transactions made on the network. Miners verify and validate transactions and add them to the blockchain. Miners are rewarded for their work with newly minted DOGE.
The DOGE Community
Dogecoin has a strong and active community, which has been instrumental in its success. The community is known for its sense of humor and its willingness to embrace memes and internet culture.
Key Resources on Dogecoin
- [Dogecoin Official Website](https://dogecoin.com/)
- [The Dogecoin Wiki](https://wiki.dogecoin.net/)
- [The Dogecoin Subreddit](https://www.reddit.com/r/dogecoin/)
Additional Information
- [How DOGE Works](https://www.investopedia.com/articles/investing/022018/what-dogecoin-what-you-need-know.asp)
- [Bull Market Alpha: Musk Trades Drive DOGE, PUNT...Skyrocket Saga](https://finance.yahoo.com/news/bull-market-alpha-musk-trades-191533502.html)
- [Will PEPE and Dogecoin's Wild Rally Spur the Next Crypto Bull Market?](https://beincrypto.com/will-pepe-and-dogecoins-wild-rally-spur-the-next-crypto-bull-market/)