Dogecoin Price for today is $0.003. Its current circulating supply is DOGE 119,197,183,928.41 with a market cap of $335,611,747.87.
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Dogecoin is a cryptocurrency created by the American programmer Billy Marcus in December 2013. It was based on the Luckycoin cryptocurrency base, which, in turn, was based on the Litecoin base. Dogecoin is not a direct fork, i.e. copy of any blockchain, and its code bears significant distinctions from the original source. For example, at first, mining reward used to be distributed at random but after many complaints, the developers decided to make this process more familiar and fixed a reward for each block.
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Dogecoin was never marketed as an investment project. It was meant to amuse the public by turning serious things into frivolous ones. However, soon the coin became quite popular and gained significant traders’ attention. It is difficult to say whether the meme played its role, but within a few months in 2015 Dogecoin went up by 300%. Due to this DOGE entered the top-ten most popular cryptocurrencies in the world. Over the next year, the price rose by another 500%, followed by a small but prolonged decline. For more Dogecoin price prediction please consult with our article.
Now developers are positioning Dogecoin as a cryptocurrency for the Internet community. They do not declare that their intentions are to compete with the giants of the cryptocurrency market, but nevertheless, they are trying in every way to make Dogecoin as comfortable as possible for payments within the global network.
If you are interested in learning more about DOGE you can check out our article What is Dogecoin!