Exchange Dogecoin (DOGE)
If you're looking to swap Dogecoin, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Dogecoin or some fresh information about DOGE’s price movements. And, of course, we provide you with the multiple Dogecoin exchange options so that you can choose the offer with the best rates and lowest Dogecoin fees, as well as other parameters that suit you.
Dogecoin Price Stats
To help you make a decision about exchanging your Dogecoin, we gathered some cold hard numbers: Dogecoin price chart and other stats, such as Dogecoin market cap.
24H HIGH $0.06851
DOGE MARKET CAP $9,455,623,301.113
CIRCULATING SUPPLY 139,690,106,383.705 DOGE
24H LOW $0.06724
DOGE PRICE $0.06769
24H VOLUME $7,593,932.064
Dogecoin Price Chart
Here you can see the current price of Dogecoin, as well as Dogecoin price history.
What is Dogecoin?
Doge is a cryptocurrency that was created in 2013 by software developers Billy Markus and Jackson Palmer. The currency takes its name and logo from the popular "Doge" meme, which features a Shiba Inu dog with colorful text in broken English.
Initially, Dogecoin was created as a lighthearted alternative to Bitcoin and other more serious cryptocurrencies. However, it quickly gained popularity on social media and online forums, where users began using it to tip each other for entertaining or helpful content.
Dogecoin is a peer-to-peer, open-source cryptocurrency that is based on the Litecoin blockchain. Like Bitcoin and other cryptocurrencies, it uses cryptography to secure transactions and control the creation of new units.
Dogecoin uses a mining algorithm called Scrypt, which is different from Bitcoin's SHA-256 algorithm. Scrypt is designed to be more memory-intensive, which makes it less susceptible to ASIC-based mining and helps to keep the network more decentralized than Bitcoin and many other PoW-based blockchains..
Unlike Bitcoin, which has a limited supply of 21 million coins, Dogecoin has an unlimited supply, with billions of coins in circulation. This has led some critics to question its long-term viability as a serious investment. Despite this, Dogecoin has continued to grow in popularity and has even been embraced by celebrities and mainstream companies. In early 2021, the currency saw a massive surge in value, thanks in part to tweets by Tesla CEO Elon Musk and other high-profile figures.
The development of Dogecoin is overseen by a decentralized community of developers and contributors. The code is open-source, meaning that anyone can contribute to the development of the project.
Dogecoin has a strong community and culture, which is reflected in its use of the Shiba Inu dog meme and its playful, lighthearted tone. This has helped it to stand out from other cryptocurrencies and attract a dedicated following.
The Dogecoin Foundation was originally created in 2014 as a non-profit organization to promote and develop the Dogecoin cryptocurrency. However, the Foundation became inactive after a few years and was dissolved in 2015.
In 2021, following the resurgence in popularity of Dogecoin, a new Dogecoin Foundation was established by a group of Dogecoin supporters. The new Foundation aims to support the development of Dogecoin and promote its use and adoption.
The Foundation's Board of Advisors is made up of several notable figures in the cryptocurrency and tech industries, as well as some prominent members of the Dogecoin community. The current members of the Board of Advisors include:
- Jared Birchall (CEO of Musk Foundation and Elon Musk's longtime business partner)
- Max Keller (Lead Developer of Dogecoin)
- Shibetoshi Nakamoto (Creator of Dogecoin)
- Gary Lachance (Founder of the world's first Dogecoin ATM)
- Corey Johnson (Former Chief Marketing Officer at Ripple)
The Board of Advisors is responsible for providing guidance and advice to the Foundation's leadership, as well as helping to promote and support the use of Dogecoin. They also help to ensure that the Foundation's activities align with the community's goals and values.
Dogecoin community developed libdogecoin, a software library for developers that provides a simple way to interact with the Dogecoin network. It is built on top of the popular Bitcoin library, libbitcoin. It includes a range of features that are specific to Dogecoin, such as support for the Shiba Inu-themed branding and Dogecoin-specific transaction types.
Libdogecoin is available in several programming languages, including C++, Python, and Java. This makes it accessible to a wide range of developers and allows them to easily build applications and tools that interact with the Dogecoin network.
Some examples of projects that use Libdogecoin include Dogecoin Wallet, a mobile wallet for Android that allows users to send and receive Dogecoin, and DogeTipBot, a Twitter bot that allows users to send Dogecoin tips to other users on the platform.
Dogecoin transactions are processed quickly, with a block time of just one minute. This makes it faster than Bitcoin, which has a block time of around 10 minutes.
The total supply of Dogecoin is unlimited, with over 130 billion coins in circulation as of May 2023. This means that inflation is a concern, as the supply of new coins will continue to grow over time.
Dogecoin has had a volatile price history, with significant fluctuations in value. In early 2021, it experienced a massive price surge, reaching an all-time high of over $0.70 per coin, before dropping back down to around $0.20 in the following months. As with any cryptocurrency, the price can be influenced by a wide range of factors, including market sentiment, media coverage, and the actions of influential individuals.
Dogecoin can be bought and sold on a wide range of cryptocurrency exchanges, including Binance, Coinbase, and Kraken. These exchanges allow users to trade Dogecoin for other cryptocurrencies or fiat currencies like USD.
Some merchants and businesses accept Dogecoin as a form of payment. Payment processors like BitPay and CoinPayments make it easy for merchants to accept Dogecoin payments and convert them into fiat currency.
Average Fees on Dogecoin
Dogecoin has a relatively low transaction fee compared to other cryptocurrencies, which makes it appealing for small transactions and micropayments. However, this can also make it vulnerable to spam attacks, where users send a large number of low-value transactions to congest the network.
DOGE Coin Wallets
Dogecoin can be stored in a variety of wallets, including MultiDoge, Dogecoin Core, Exodus, Coinomi, Jaxx Liberty, Trust Wallet, Ledger, Trezor, MyDogecoin, Dogechain Wallet, Atomic Wallet, Guarda Wallet, Magnum Wallet, Freewallet, Coinomi, etc.
A Simple Way To Exchange Dogecoin Here At SwapSpace
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Choose the cryptocurrencies you would like to exchange among more than 1700 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
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Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.