About Dogecoin
Dogecoin (DOGE) was created in 2013 as a lighthearted alternative to traditional cryptocurrencies like Bitcoin. The Dogecoin name and Shiba Inu logo are based on a meme. Unlike Bitcoin, which is designed to be scarce, Dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply.
Trading Insights
Buyer Ratio
Traders
5.3K
-39.51%
Buyers
3.3K
-42.73%
Sellers
2.3K
-35.33%
Searched
4.8K
Market Stats
Market Cap
£20.46B
1.12%
FDV
£20.46B
Circ. Supply
152B DOGE
Max Supply
Not enough data
Total Supply
152B DOGE
Diluted Valuation
£20.49B
Performance
Popularity
#9
Dominance
0.8%
Volume (24H)
£1.11B
-56.65%
Volume (7D)
£15.39B
Volume (30D)
£37.28B
All time high
£0.56
Price Change (1Y)
-36.26%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Meme coins: 'Meme coins' (e.g. DOGE, SHIB) are crypto-assets whose value is driven primarily by community interest and online trends.
Volatility risk: Meme coins can have extreme price volatility, often experiencing rapid and unpredictable price fluctuations within short periods. The value of meme coins can be influenced by social media trends, celebrity endorsements, and other factors unrelated to traditional investment fundamentals.
Lack of utility: Meme coins often lack intrinsic value or utility, being primarily driven by community interest, online trends, and speculative trading.
Market manipulation: Meme coins may be susceptible to increased risk of market manipulation including 'pump-and-dump' schemes, where the price is artificially inflated followed by a sudden crash.
Lack of transparency: Meme coins may have limited available information about their development teams, goals, and financials. This lack of transparency can make it challenging to assess the credibility and potential of a meme coin accurately.
Emotional investing: Meme coins often garner strong emotional reactions from investors, leading to impulsive decisions. Emotional trading activity can amplify losses.
Meme coins might not be affiliated with or endorsed by the creators of any referenced characters, brands, or intellectual property (IP). Any associations are intended for parody or commentary purposes only. Token holders assume all legal risks, including potential impacts from legal actions by IP owners. Such actions could affect the token's value, liquidity, or legality. Invest with caution and at your own risk.
Wrapped tokens: Wrapped crypto-assets (e.g. cbETH, WBTC) (often referred to as 'wrapped tokens') are tokenised representations of other crypto-assets. They are typically created to facilitate compatibility and interaction across different blockchain protocols.
Smart contract risk: Wrapped tokens rely on smart contracts to ensure their value remains pegged to the underlying asset. These contracts could have vulnerabilities or flaws that can be exploited, potentially leading to a loss of funds.
Collateral risk: The value of a wrapped token is typically backed by an equivalent amount of the underlying asset. If the mechanisms ensuring this collateralization fail, the wrapped token's value might not be preserved.
Custodial risk: The underlying assets for wrapped tokens may be held in custody by a third party. If this party becomes insolvent, mismanages the assets, or is subjected to fraud or hacking, the value of the wrapped token might be jeopardized.
Bridging risk: Wrapped tokens are often used to bridge assets between different blockchain ecosystems. The integration layers that facilitate these bridges might suffer from technical issues, hampering the ability to transfer or utilize the tokens as intended.
Pricing disparity: In certain situations, the price of the wrapped asset and its underlying asset might diverge due to market inefficiencies or liquidity issues.
Additional details
Recent trends
The price of Dogecoin has increased by 0.81% in the last hour and increased by 0.87% in the past 24 hours. Dogecoin’s price has also fallen by 3.52% in the past week. The current price is £0.13 per DOGE with a 24-hour trading volume of £1.11B. Currently, Dogecoin is valued at 75.92% below its all time high of £0.56. This all-time high was the highest price paid for Dogecoin since its launch.
The current circulating supply of Dogecoin is 151,702,466,383.705 DOGE which means that Dogecoin has as total market cap of £20,456,885,758.03.
Market details
DOGE vs markets
↘ 53.36%
DOGE vs BTC
↘ 50.25%
DOGE vs ETH
↘ 42.17%
Tags
mineable
pow
scrypt
medium-of-exchange
+7
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0xcbD06E5A2B0C65597161de254AA074E489dEb510 | |
Dogecoin | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.13 | ↗ 0.87% |
1 Day | £0.13 | ↗ 0.87% |
1 Week | £0.14 | ↘ 3.52% |
1 Month | £0.18 | ↘ 27.60% |
1 Year | £0.22 | ↘ 36.26% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Dogecoin (DOGE) was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin in 2013. The name and Shiba Inu logo are based on a meme. Unlike Bitcoin, which was designed to be scarce, Dogecoin is intentionally abundant — with 10,000 new coins mined every minute and no maximum supply.
For most of its existence, Dogecoin (pronounced “dohj coin”) was considered to be an amusing “memecoin” beloved by its community — but with relatively little value. That changed in 2021, when DOGE became one of the larger cryptocurrencies by market cap — with a total value that topped $80 billion in 2021, even though each individual coin is worth pennies.
Like more prominent cryptocurrencies, including Bitcoin and Ethereum, Dogecoin is also secured by mining. Thousands of computers around the world compete to mine Dogecoin in order to share the millions of new coins added to the supply per day, while also validating and processing network transactions.
Early in Dogecoin’s history, any computer could be useful for mining DOGE. As its popularity has surged however, mining competition has increased, making it difficult for small-scale miners with regular hardware. With a powerful graphics processor unit, a miner may be able to earn Doge, however a more powerful, specialized computer called an ASIC is likely necessary in order to mine profitably.
Dogecoin news
Trending articles
Social stats
Popularity in posts
#5
Contributors
5,445
Posts
5,445
% About Dogecoin
1.708%
Articles
330
Hold times
0 days
X (Twitter)
37.25% bullish
Sentiment
4.4 ★
Highlights
5,445 unique individuals are talking about Dogecoin and it is ranked #5 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Dogecoin has an average sentiment score of 4.4 out of 5. Finally, Dogecoin is becoming less newsworthy, with 330 news articles published about Dogecoin.
On Twitter, people are mostly neutral about Dogecoin. There were 39.81% of tweets with bullish sentiment compared to 6.89% of tweets with a bearish sentiment about Dogecoin. 60.19% of tweets were neutral about Dogecoin. These sentiments are based on 62806 tweets.
On Reddit, Dogecoin was mentioned in 7830 Reddit posts and there were 41228 comments about Dogecoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.