Crypto Prices
CoinDesk 20 Index
Dogecoin
Dogecoin
USD
$0.15240525
5.30%
$0.13927946
24H Price
$0.15558734
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About Dogecoin
The Dogecoin price is $0.15240525, a change of 5.30% over the past 24 hours as of 12:17 p.m. The recent price action in Dogecoin left the tokens market capitalization at $21.94B. So far this year, Dogecoin has a change of 70.64%. 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 Litecoin’s 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; however, it quickly amassed a diehard community of fans who found and developed new use cases for it. Those included a third-party online tipping service, which led to doge becoming a leading tipping coin on social media platform Reddit and crowdfunding charitable causes using dogecoin.