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Dogecoin PriceDOGE

USD

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$0.2404USD

+5.36%1D

The Dogecoin (DOGE) price in is $0.2404 USD as of 14:05 (UTC) today.

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Market cap

Dogecoin price live chart (DOGE/USD)

Last updated as of 2025-05-22 14:05:20（UTC+0）

Market cap:$35,910,598,503.08

Fully diluted market cap:$35,910,598,503.08

Volume (24h):$3,456,199,448.39

24h volume / market cap:9.62%

24h high:$0.2444

24h low:$0.2233

All-time high:$0.7375

All-time low:$0.{4}8547

Circulating supply:149,369,320,000 DOGE

Total supply:

149,369,326,383.71DOGE

Circulation rate:99.00%

Max supply:

--DOGE

Price in BTC:0.{5}2162 BTC

Price in ETH:0.{4}9075 ETH

Price at BTC market cap:

$14.79

Price at ETH market cap:

$2.14

Contracts:

0xba2a...c744c43(BNB Smart Chain (BEP20))

Links:

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Do you think the price of Dogecoin will rise or fall today?

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Voting data updates every 24 hours. It reflects community predictions on Dogecoin's price trend and should not be considered investment advice.

About Dogecoin (DOGE)

What Is Dogecoin?

Dogecoin (DOGE) is the first and most popular meme coin. Founded in December 2013 by Billy Markus and Jackson Palmer, it started as a playful alternative to Bitcoin. Markus and Palmer decided to create a fun cryptocurrency that would appeal beyond the core Bitcoin audience. Hence, Dogecoin was born, bearing the image of the Shiba Inu dog from the popular "Doge" meme as its logo.

Dogecoin was created as a "joke" cryptocurrency, originally intended to satirize the hype surrounding digital money. It was named after the Doge meme, an internet sensation that features a Shiba Inu dog and multicolored Comic Sans text written in broken English. The meme's innocent humor and wide appeal made it the perfect vehicle for introducing a cryptocurrency to the masses.

Despite the fun-loving origin, Dogecoin, ironically, has a lot more use cases than the majority of crypto. Besides being accepted as a method of payment in places around the world, it is predominantly used as tips for online content creators and as donations for charities. For example, in 2014, the Dogecoin community joined hands to help Jamaica's national bobsled team join the Olympics, build a well in Kenya, and sponsor a NASCAR driver.

Dogecoin's popularity and value have witnessed notable surges, largely due to the influence of Elon Musk, the new CEO of SpaceX and Tesla. His frequent mentions and endorsements of Dogecoin on his personal Twitter account brought this cryptocurrency to the attention of his millions of followers. Notably, Musk disclosed plans to accept Dogecoin as payment for a forthcoming SpaceX mission, further amplifying the legitimacy and utility of this 'joke' cryptocurrency.

On April 20th, dog lovers and cryptocurrency enthusiasts alike will celebrate the unofficial holiday called Dogeday. The holiday has gained popularity in recent years, largely due to the rise of Dogecoin. While Dogeday is not an officially recognized holiday, social media platforms are usually inundated with memes, messages, and videos bearing the hashtags #Dogeday and #DogeDay420 on April 20th, as enthusiasts take to the internet to celebrate.

Resources

Whitepaper: https://github.com/dogecoin/dogecoin/blob/master/README.md

Official website: https://dogecoin.com/

How Does Dogecoin Work?

Dogecoin has its own blockchain. It is a fork of Litecoin and therefore uses the same Scrypt mining algorithm and Proof-of-Work consensus mechanism. DOGE miners need to use computers to solve complex mathematical puzzles to validate and record transactions on the blockchain in exchange for DOGE as a reward. DOGE is an inherent inflationary token because there is no hard cap to its total supply, and 10,000 coins are released every minute. This lack of a supply cap has helped maintain a relatively low price for Dogecoin, encouraging its use as a tipping system on the internet.

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. It has also gained attention and significant growth due to high-profile endorsements and an active online community. Although it began as a joke, Dogecoin's community has used the currency to fund charitable and noteworthy causes.

Dogecoin's Market Influence

Dogecoin's influence in the cryptocurrency market has seen a steady expansion over the years. Originally conceived as a playful diversion, its value swiftly escalated, soaring from an initial US$0.00026 to US$0.00098 within a fortnight of its launch in December 2013. However, this bright start was quickly overshadowed by a massive hack on the Doge blockchain, resulting in the theft of tens of millions of Dogecoins. Rather than inducing despair, the incident unexpectedly catalyzed greater interest, leading Dogecoin to trend on Twitter and drawing a surge of newcomers into the ecosystem.

In response to the crisis, the Dogecoin community launched "Save Dogemas", a donation drive aimed at compensating those affected by the theft. The initiative's success was a testament to the robust community spirit that defines Dogecoin. In January 2014, the currency's value had almost doubled again, reaching US$0.0018. This period also saw Dogecoin further embracing its unique character by releasing an official online trailer. At the time of writing DOGE is priced at US$$0.06365.

What Determines Dogecoin's Price?

Understanding the factors that influence the Dogecoin price today is crucial for both seasoned and novice cryptocurrency investors. Initially launched as a meme cryptocurrency, Dogecoin has seen its value, or Dogecoin to USD exchange rate, fluctuate due to a variety of factors.

The Law of Demand and Supply

One of the primary determinants of Dogecoin's price is the law of demand and supply. Like any other asset, if the demand for Dogecoin (DOGE) is high and the supply is low, the price will naturally increase. Conversely, if there's an oversupply and low demand, the Dogecoin price will decline. This dynamic is influenced by both serious crypto investors and those who buy Dogecoin for fun, affecting the Dogecoin exchange rate in the broader crypto market.

The Elon Musk Effect and Media Influence

Another significant influence on Dogecoin's price is trending news and social media, often referred to as the "Elon Musk Dogecoin effect" due to the Tesla CEO's frequent tweets about the cryptocurrency. Headlines can create sudden spikes or drops in Dogecoin's value, affecting Dogecoin price predictions and leading to volatile Dogecoin price charts. For example, announcements about Dogecoin being accepted for payment by major companies or being listed on prominent cryptocurrency exchanges can surge its market cap. Conversely, negative news like regulatory crackdowns in major markets such as China can adversely affect Dogecoin price analysis and its future price.

Unlimited Supply: An Important Factor

Moreover, the Dogecoin price history shows that it has a much higher supply compared to Bitcoin, which is capped at 21 million coins. Dogecoin's unlimited supply means that it's considered an "inflationary" cryptocurrency, which can lead to lower prices in the long term unless demand significantly increases. This aspect is crucial for investors to consider when looking at Dogecoin price predictions and deciding whether to buy Dogecoin or sell Dogecoin.

The current Dogecoin price is shaped by a complex interplay of demand and supply, media influence—particularly from figures like Elon Musk—and its unlimited supply. Whether you're looking to invest in Dogecoin or just curious about its price fluctuations, keeping an eye on these factors can provide valuable insights into Dogecoin's price today and its potential future price in the ever-evolving crypto market.

Conclusion

In conclusion, Dogecoin stands as a vibrant testament to the fascinating, unpredictable world of cryptocurrencies. What started as a playful jest has remarkably evolved into a pivotal force in the digital currency sphere. From its inception as a meme to becoming a cryptocurrency with diverse use-cases, its narrative is imbued with community resilience, celebrity endorsements, and pragmatic responses to challenges. Whether it's used for tipping online content creators or empowering charitable initiatives, Dogecoin has solidified its place as more than just a whimsical novelty. Priced at US$0.077 at the time of writing, the story of Dogecoin is a testament to the dynamism, resilience, and potential that underpin the exciting domain of cryptocurrencies.

AI analysis report on Dogecoin

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Live Dogecoin Price Today in USD

The live Dogecoin price today is $0.2404 USD, with a current market cap of $35.91B. The Dogecoin price is up by 5.36% in the last 24 hours, and the 24-hour trading volume is $3.46B. The DOGE/USD (Dogecoin to USD) conversion rate is updated in real time.

How much is 1 Dogecoin worth in ？

As of now, the Dogecoin (DOGE) price in is valued at $0.2404 USD. You can buy 1DOGE for $0.2404 now, you can buy 41.59477445873997 DOGE for $10 now. In the last 24 hours, the highest DOGE to USD price is $0.2444 USD, and the lowest DOGE to USD price is $0.2233 USD.

Dogecoin Price History (USD)

The price of Dogecoin is +46.84% over the last year. The highest price of DOGE in USD in the last year was $0.4835 and the lowest price of DOGE in USD in the last year was $0.08083.

TimePrice change (%)

Lowest price

Highest price

24h+5.36%$0.2233$0.2444

7d+8.28%$0.2115$0.2444

30d+43.16%$0.1644$0.2587

90d-7.59%$0.1315$0.2587

1y+46.84%$0.08083$0.4835

All-time+42975.96%$0.{4}8547(2015-05-07, 10 years ago )$0.7375(2021-05-08, 4 years ago )

Dogecoin price historical data (all time).

What is the highest price of Dogecoin?

The all-time high (ATH) price of Dogecoin in USD was $0.7375, recorded on 2021-05-08. Compared to the Dogecoin ATH, the current price of Dogecoin is down by 67.40%.

What is the lowest price of Dogecoin?

The all-time low (ATL) price of Dogecoin in USD was $0.{4}8547, recorded on 2015-05-07. Compared to the Dogecoin ATL, the current price of Dogecoin is up by 281178.31%.

Dogecoin Price Prediction

When is a good time to buy DOGE? Should I buy or sell DOGE now?

When deciding whether to buy or sell DOGE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DOGE technical analysis can provide you with a reference for trading.

According to the DOGE 4h technical analysis, the trading signal is Strong buy.

According to the DOGE 1d technical analysis, the trading signal is Strong buy.

According to the DOGE 1w technical analysis, the trading signal is Buy.

What will the price of DOGE be in 2026?

Based on DOGE's historical price performance prediction model, the price of DOGE is projected to reach $0.2551 in 2026.

What will the price of DOGE be in 2031?

In 2031, the DOGE price is expected to change by +7.00%. By the end of 2031, the DOGE price is projected to reach $0.6109, with a cumulative ROI of +169.61%.

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FAQ

What factors influence the price of Dogecoin?

The price of Dogecoin can be influenced by factors such as market sentiment, social media trends, adoption by businesses, endorsements by influential figures, regulatory news, and the overall performance of the cryptocurrency market.

How does social media impact Dogecoin's price?

Social media platforms, especially Twitter and Reddit, can have a significant impact on Dogecoin's price. Viral posts, trending hashtags, or tweets from influential personalities like Elon Musk can drive interest and trading activity, potentially leading to price fluctuations.

Can Dogecoin reach $1 or more?

The possibility of Dogecoin reaching $1 or more depends on a variety of factors, including market demand, overall cryptocurrency market trends, and investor sentiment. While it has seen significant price increases in the past, predicting future price levels is speculative.

How does Dogecoin compare to Bitcoin in terms of investment potential?

Dogecoin and Bitcoin are different in terms of their market position and use cases. Bitcoin is viewed more as a store of value, while Dogecoin started as a meme currency. Bitcoin typically is less volatile than Dogecoin, but Dogecoin can experience rapid price increases due to speculation.

Where can I buy and trade Dogecoin?

You can buy and trade Dogecoin on several cryptocurrency exchanges, including Bitget Exchange, where you can find various trading pairs and tools to manage your investment.

What role do influencers play in the price of Dogecoin?

Influencers can greatly impact Dogecoin's price through social media and public endorsements. Tweets or comments from well-known figures can lead to increased public interest and trading volume, affecting the price.

Is it too late to invest in Dogecoin?

Whether it's too late to invest in Dogecoin largely depends on your personal investment strategy and risk tolerance. Researching the current market conditions and understanding the volatility associated with Dogecoin is essential before making an investment decision.

What are the potential risks of investing in Dogecoin?

Potential risks of investing in Dogecoin include high volatility, speculative nature, reliance on social media trends, regulatory changes, and competition from other cryptocurrencies.

How has Dogecoin's price performed historically?

Historically, Dogecoin has experienced significant price volatility, with periods of rapid gains driven by social media activity and speculation, followed by corrections. It started as a meme but gained substantial popularity, which has led to noticeable spikes in its price.

What are Dogecoin's use cases, and how do they affect its price?

Dogecoin's primary use cases include tipping content creators online, as a currency for transactions, and for fundraising initiatives. Increased adoption in these areas could drive demand and potentially impact its price positively.

What is the history of Dogecoin (DOGE)?

Dogecoin was introduced in December 2013 as a fun and light-hearted alternative to Bitcoin. It was created by software engineers Billy Markus and Jackson Palmer as a satirical homage to a popular internet meme featuring a Shiba Inu dog. Instead of becoming just another meme or short-lived internet phenomenon, Dogecoin quickly developed a passionate community. The coin's user-friendly approach and charitable endeavors differentiated it from other cryptocurrencies. For example, in 2014 alone, the Dogecoin community joined hands to help Jamaica's national bobsled team join the Olympics, build a well in Kenya, and sponsor a NASCAR driver. While it has faced considerable price fluctuations—often driven by social media and celebrities—it remains a prominent name in the cryptocurrency space.

Why does Dogecoin's price fluctuate so much?

Dogecoin's price volatility results from various factors: market demand, media buzz, technological evolution, regulation changes, and the broader crypto market mood. Its meme origins can magnify these fluctuations, especially when influenced by influential figures on social media.

Why is the price of Dogecoin (DOGE) so low?

Dogecoin has a large circulating supply, contributing to its lower price as part of its tokenomics strategy. The lower price makes it more accessible to a broader range of investors. However, a low price doesn't mean a good investment. It's crucial to check its market cap, utility, and community support.

Will Dogecoin (DOGE) reach US$1?

Dogecoin's prospects of reaching US$1 face several challenges: - Supply Concerns: Dogecoin has an unlimited supply, unlike Bitcoin's capped amount. This means a constant addition of new coins, around 5 billion annually, which could lower its price if demand doesn't keep up. - Limited Use: Dogecoin is mainly used for payments, lacking the diverse applications other cryptocurrencies offer. - Price History: Past price surges, like its 2021 peak, were more due to social media buzz than actual utility. - Market Downturn: The overall crypto market has seen reduced interest recently, impacting all digital assets. - Bitcoin Rivalry: Dogecoin competes directly with Bitcoin, which is more established and widely adopted. - Valuation Issues: Hitting US$1 would give Dogecoin a market cap higher than many major companies, a tough feat without a major boost in its utility. However, several factors could bring Dogecoin's price to US$1: - Musk's Influence: Elon Musk's endorsements have often lifted Dogecoin's value. More support, especially from platforms like X (previously Twitter), could raise its price. - Institutional Interest: If big financial players invest in Dogecoin, it could gain more legitimacy and demand. - Growing Adoption: More businesses, like AMC Entertainment, accepting Dogecoin can enhance its utility and demand. - Regulatory Support: Positive stances from governments and regulators can boost its adoption and demand. - Tech Upgrades: If Dogecoin's team enhances its platform, it could draw more investors and users. Like all investments, there are risks involved, and it's essential to do thorough research and possibly consult with financial advisors before making any investment decisions.

Is Dogecoin (DOGE) a good investment?

Dogecoin, created in December 2013 as a light-hearted alternative to Bitcoin, has experienced a roller-coaster ride in terms of its value. Historically, its price remained below one cent for several years, but 2021 saw a meteoric rise. By May 2021, Dogecoin peaked at around $0.69, from around $0.0047 at the start of the year, marking an increase of over 14,500% in just a few months. This remarkable surge was largely influenced by social media, celebrity endorsements, notably by figures like Elon Musk, and an energetic online community. However, it's essential to underscore the inherent volatility in Dogecoin and other cryptocurrencies. Unlike Bitcoin, which has a finite supply, Dogecoin's infinite supply model, with 10,000 new coins mined every minute, introduces potential inflationary pressures. Additionally, while its growing adoption for online tipping, charitable actions, and even payments is promising, it's influenced by various external factors, including regulatory developments and macroeconomic shifts. Given these considerations, while Dogecoin has demonstrated periods of lucrative returns, it also includes significant risks. Investors should thoroughly evaluate their risk tolerance, conduct diligent research, and possibly consult with financial professionals before diving into the Dogecoin market or any other investment.

Can I mine Dogecoin (DOGE)?

Yes, Dogecoin is minable. Unlike some altcoins with limited supply, 10,000 Dogecoin are mined every minute without a cap. Miners use computational resources to solve problems, and upon solving, they add a block to the blockchain and earn Dogecoin.

What is the current price of Dogecoin?

The live price of Dogecoin is $0.24 per (DOGE/USD) with a current market cap of $35,910,598,503.08 USD. Dogecoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Dogecoin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Dogecoin?

Over the last 24 hours, the trading volume of Dogecoin is $3.46B.

What is the all-time high of Dogecoin?

The all-time high of Dogecoin is $0.7375. This all-time high is highest price for Dogecoin since it was launched.

Can I buy Dogecoin on Bitget?

Yes, Dogecoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy dogecoin guide.

Can I get a steady income from investing in Dogecoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dogecoin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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Is Dogecoin (DOGE) Gearing Up for a Bullish Rally? Key Fractal Hints at a Major Upside Move

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SEC Delays Decision on XRP and Dogecoin Spot ETFs

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Dogecoin Market

Pair

Type

Price

24h volume

Action

DOGE/USDT

Spot

0.24085

$145.37M

Trade

DOGE/USDC

Spot

0.24105

$1.23M

Trade

DOGE/EUR

Spot

0.21333

$55.43K

Trade

DOGE/BTC

Spot

0.00000217

$25.83K

Trade

View the Dogecoin futures trading guide for more insights on Dogecoin futures and related data.

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Cryptocurrency investments, including buying Dogecoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dogecoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dogecoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.