The$DOGE price is $0.08, a change of 2.27% over the past 24 hours as of 11:45a.m. The recent price action in Dogecoin left the tokens market capitalization at $11,212,738,548.41. So far this year, Dogecoin has a change of 14.54%. Dogecoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).

Doge is the native cryptocurrency of dogecoin, a parody cryptocurrency based on a viral internet meme of a Shiba Inu dog. At first, the crypto project was created purely as a mockery of other cryptocurrency projects that were being launched at the time.

The cryptocurrency is essentially a direct copy of $LTC code and can be used to transfer value over the internet like all other digital assets. Doge was never designed to have any real-world utility beyond being a simple blockchain-based payment system