Dogecoin (DOGE) Price Live Statistics
Dogecoin price today is $0.1999850000 USD, which is down by -9.28% over the last 24 hours.
There has been an hourly rise by 0.96%.
Dogecoin’s market cap currently sits at $26,120,100,000.00 USD, holding up for a market cap rank at #8.
There is an upsurge in the weekly values by 17.41%
Yesterday’s opening price reports to be $0.1980295800 USD while closing rates were $0.2044189600 USD
The high/low price for yesterday was $0.2327667600 USD / $0.1970626800 USD and the volume were at $4,863,225,852.06 USD
The high and low price for 7 days is $0.2327667600 USD / $0.1687189900 USD ,
for 30 days is $0.2749396400 USD / $0.1607276700 USD and
for 90 days is $0.7375666000 USD / $0.1607276700 USD
Dogecoin ranks no 8 in the market capitalization of Dogecoin is at $26,120,100,000.00 and its volume for 24 hours is $2,850,720,000.
130.61 B Dogecoin are under circulation, with total supply of 130.61 B and the Maximum supply of -.
How Does Dogecoin Work?
DOGECOIN is a cryptocurrency, and it runs on blockchain technology like Bitcoin(BTC) and Ethereum(ETH). Here, blockchain is a distributed system and secure ledger that carries all the transactions using decentralized cryptocurrency.
All holders carry an identical replica of the Dogecoin blockchain ledger, which will always hold updated transactions in the crypto like other cryptocurrencies. The blockchain network of Dogecoin keeps transactions secure.
Miners solve the complex maths problems to work on the transaction and keep that transaction on Goge's network called the "Proof-Of-Stack" system. By this process, miners earn some additional Dogecoins.
Some people use the DOGE in the payment process. Still, it is not a profitable and valuable deal because of the price fluctuations, and the other reason is, crypto is very inflationary by default and by design. The miners create millions of dogecoins, challenging price gains in DOGE to hold up for a long time.
The Dogecoin(DOGE) circulating supply?
Since the Doge launched, it has increased 13,000 percent with the approximately $129.48 billion coins circulating supply. The current market cap is roughly $81.122 billion. The market currently says that only one unknown investor holds 28% of DOGE circulation, and the price is almost over 2.5 billion. Now, the token is ranking #3 on the CoinMarketCap among the top coins.
Is Dogecoin a Good Investment?
According to market research, Doge is an inflationary coin, which means it has an endless supply, and it's growing more and more day by day. 4 billion plus Dogecoins are mined every year added in the entire store. This thing makes Dogecoins more unstable for long-term investments and holdings, unlike high demand and limited supply like The Bitcoin(BTC).
How to buy Dogecoin?
All top exchanges provide a convenient way to buy Dogecoin(DOGE). You can buy it from top exchanges
However, the crypto market is very unpredictable. If you want to buy Doge, you should wait for the price drop, and then you can invest until you can get a profit.
- To purchase a DOGE, you have to create an account on any exchanges of your choice and complete the KYC process with complete verification and 2-factor verification for security purposes.
- Once you verify, register your bank with the required payment methods and add your fund in your exchange wallet.
- After bank registration, start depositing your money and purchase DOGE. If you are a long-time holder, you can store it in the crypto wallet as well.