Doge Coin DOGE

Coin
Last Update:
12 minutes ago
Price
$0.167 0.41% 24H
95,445.8 IRR
Market Volume
849,797,666,156,189 IRR
1,489,235,593.0061 DOGE
Market Cap
$24,128,360,128
2,302,950,635,090,969.5 IRR
Circulating Supply
144,404,016,384 DOGE
Min & Max Price
92,705 IRR
96,206 IRR
Global Volume
$1,613,917,935
9,659,016,637 DOGE

Description

Doge Coin is a cryptocurrency that was created in 2013 as a joke by two software engineers, Billy Markus and Jackson Palmer. Despite its origin as a joke, Doge Coin has become one of the most popular cryptocurrencies in the world, with a market capitalization of over $30 billion as of March 2023. In this text, we will delve into the history, features, and applications of Doge Coin.

History of Doge Coin

Doge Coin was created in 2013 as a parody of the then-popular cryptocurrency Bitcoin. The founders, Markus and Palmer, combined the popular internet meme of the Shiba Inu dog with the concept of a cryptocurrency, creating a lighthearted and fun cryptocurrency that quickly gained a following.

Doge Coin's popularity exploded in early 2021, when Tesla CEO Elon Musk began tweeting about the cryptocurrency. Musk's tweets caused the price of Doge Coin to skyrocket, reaching an all-time high of $0.73 in May 2021.

Features of Doge Coin

Doge Coin has several features that make it unique among cryptocurrencies. Here are some of its most notable features:

  • Meme-inspired - Doge Coin's origin as a joke and its use of the Shiba Inu dog as its mascot have made it a popular cryptocurrency among internet meme enthusiasts.

  • Inflationary - Unlike Bitcoin, which has a limited supply of 21 million coins, Doge Coin has an unlimited supply, with new coins being added to the system every minute. This has led some critics to argue that Doge Coin is not a true cryptocurrency, as its supply is not capped.

  • Low transaction fees - Doge Coin has extremely low transaction fees, which make it an attractive option for micropayments and small transactions.

  • Decentralized - Like most cryptocurrencies, Doge Coin is decentralized, meaning that it is not controlled by any central authority.

Applications of Doge Coin

Doge Coin's primary application is as a cryptocurrency for making payments and transactions. However, the cryptocurrency has also been used in several other ways, including:

  • Investment - Many investors have bought Doge Coin as a speculative investment, betting on the continued popularity of the cryptocurrency and its potential for growth.

  • Merchandise - Doge Coin has inspired a range of merchandise, including t-shirts, hats, and stickers, which are popular among internet meme enthusiasts.

  • Donations - Doge Coin has been used to raise funds for various charitable causes, including disaster relief efforts and animal welfare organizations.

  • Trading - Doge Coin is a popular trading pair on many cryptocurrency exchanges, meaning that it can be traded for other cryptocurrencies like Bitcoin and Ethereum.

Doge coin Market

The Doge Coin market has experienced significant volatility since its inception in 2013. Initially, Doge Coin had a very low value, with prices hovering around $0.0002 for several years. However, the cryptocurrency gained mainstream attention in early 2021, when Tesla CEO Elon Musk began tweeting about it. This led to a surge in demand for Doge Coin, driving prices up to an all-time high of $0.73 in May 2021.

Since then, the price of Doge Coin has fluctuated dramatically, with prices ranging from a high of $0.45 in October 2021 to a low of $0.07 in January 2022. As of March 2023, the price of Doge Coin is around $0.25, which represents a significant increase over its value prior to the Elon Musk tweets.

The market capitalization of Doge Coin has also fluctuated in line with its price. As of March 2023, the market capitalization of Doge Coin is over $30 billion, making it one of the most valuable cryptocurrencies in the world.

It's worth noting that the price of Doge Coin, like that of all cryptocurrencies, is highly volatile and can be influenced by a range of factors, including media coverage, regulatory changes, and market sentiment. Investors should exercise caution and conduct thorough research before investing in Doge Coin or any other cryptocurrency.

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Token Info

Doge Coin Price: $0.167
Price Change: 0.41% 24H 7.03% 7D

Calculator

Doge Coin Local Markets in Iran

Source Price %24h %7d Volume (24h) Confidence Liquidity Last Update
Excoino 92,705 IRR 0.01% 0% 55,125,236,986 IRR
Medium
6/10 10 minutes ago
Ok Exchange 22,610 IRR 5.51% 0% 28,695,829,530 IRR
Medium
5/10 1 year ago
Citex 23,750 IRR 0% 0% 0 IRR
Medium
4/10 11 months ago
CoinNik 0 IRR 0% 0% 0 IRR
Low
4/10 11 months ago
BitPin 96,050 IRR 0.02% 0% 30,858,539,440 IRR
High
7/10 11 minutes ago
Phinix 0 IRR 0% 0% 0 IRR
Low
3/10 2 weeks ago
Bitmax 95,965 IRR -0.4% 0% 848,766,356,628,060 IRR
Medium
6/10 10 minutes ago
Hitobit 95,990 IRR 0.52% 0% 47,608,584,503 IRR
Low
5/10 11 minutes ago
Nobitex 95,990 IRR 0.4% 0% 271,291,477,286 IRR
High
6/10 10 minutes ago
Wallex 95,700 IRR 0.37% 4.59% 504,535,530,834 IRR
High
7/10 10 minutes ago
Tabdeal 95,480 IRR 0.44% 0% 11,335,373,170 IRR
High
6/10 10 minutes ago
Huluex 96,206 IRR -0.42% 0% 28,410,613,473 IRR
Medium
5/10 10 minutes ago
Exir 94,230 IRR 0% 0% 42,811,651,960 IRR
Medium
5/10 10 minutes ago
Ramzinex 96,142 IRR 1.69% 0% 39,332,520,477 IRR
High
7/10 10 minutes ago
Exbito 82,269 IRR 0.49% 0% 203,719,626 IRR
High
6/10 1 week ago