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 $0.07831
DOGE MARKET CAP $10,431,638,521.907
CIRCULATING SUPPLY 135,651,996,383.705 DOGE
24H LOW $0.07242
DOGE PRICE $0.0769
24H VOLUME $41,285,563.831
Dogecoin Price Chart
Here you can see the current price of Dogecoin, as well as Dogecoin price history.
What is Dogecoin?
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer as a reply to the speculations around the cryptocurrencies on the market. It was launched in 2013 as a joke and is now considered to be the first meme token as well as the first dog token. The namesake and logo of the token is the viral meme of the Shiba Inu dog breed.
The blockchain is a hard fork of Litecoin and DOGE tokens can be used to transfer value just like any other crypto. It can only be used as a measure of payment and it was not meant to have any utility originally. Though after a while the fun idea attracted a lot of followers, which created the use-case for the meme-crypto. It became the main token for tipping the authors on Reddit and Twitter. Later it started to be used for charity crowdfunding projects.
Dogecoin blockchain uses Skrypt technology and has a block time of 1 minute. The total supply of the tokens is not limited.
Dogecoin runs on the Proof-of-Work consensus mechanism. There was no presale before the launch and no tokens were pre-mined. Instead, everyone with a PC or laptop could start mining DOGE straight away. The reward mechanism though was also very different from usual cryptocurrencies, as the miner who adds the block could get any number of Doge from 1 to thousands. The creators thought it would annoy anyone who tries to mint the token enough not to actually do it.
For every 100000 tokens the range of the coins available for rewards used to decrease, but in 2014 the creators started to use a fixed schedule and the reward for each block became 10000 Dogecoins.
The project was run by a non-profit organization called Dogecoin Foundation, which was supposed to work on legal, governance, and marketing matters, but it didn’t show much activity since its launch in 2014 and was dissolved with time. In 2021 the project team decided to form the organization again. It includes the founder of the project Billi Markus, the core developer Max Keller, the founder of Ethereum Vitalik Buterin, and Jared Birchall as a representative of Elon Musk.
Doge has received wider recognition thanks to Elon Musk’s support of this cryptocurrency. He kept mentioning it on his Twitter and even called it its favorite crypto. His attention made DOGE gain over 9000% in 2021. But later on, he seemed to lose interest in the project which caused the Doge price to lose about 70%.
The support of Musk to the main meme token is not just nominal, he also does actions to widen the adoption of the project. Recently he announced that Doge is accepted in the Boring company Musk owns.
A Simple Way To Exchange Dogecoin Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 900 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
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: firstname.lastname@example.org.