Dogecoin is the father of meme coins and started as a joke. But it has very smooth transaction ability and reliable safety with a proven history. Many world-famous celebrities and billionaires hyped about Doge including Snoop Dogg, Lil Yachty, Guy Fieri, Elon Musk, and Mark Cuban. Dogecoin soared almost 15x in 2021. Doge is still playing among other major blockchain projects and growing its fans from all around the world. DogeCoin Foundation announced that they are working with Ethereum's founder Vitalik Buterin on a staking concept.
With a total market cap of over $8.54 billion, Dogecoin is the No. 8 cryptocurrency by market size. The currency symbol for Dogecoin is DOGE and it was launched in December 2013. Dogecoin uses the Scrypt hashing algorithm and it has a blocktime of 1 minute. There will only ever be 420 trillion Dogecoin tokens issued. So far 141 billion tokens (0% of the total supply) have been issued.
We found crypto protocols offering up to 634.9% APY on Dogecoin deposits (3% APY CeFi, 634.9% APY DeFi) and loans as low as 6.9% APR against Dogecoin used as collateral. Check out our Dogecoin staking yields table and Dogecoin loan rates table for further details.
The technical price analysis for Dogecoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Dogecoin.
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Dogecoin FAQs
QWhen was Dogecoin launched?
ADogecoin was launched in December 2013.
QWhat is the blocktime for Dogecoin?
AThe blocktime for Dogecoin is 1 minute. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
QWhat hashing algorithm does Dogecoin use?
ADogecoin uses the hasing algortihm Scrypt.
QWhat was the highest price that Dogecoin ever reached?
AThe highest price that Dogecoin ever reached was $0.73 USD. This all time high price occured on 8 May 2021.
QWhat was the lowest price that Dogecoin ever reached?
AThe lowest price that Dogecoin ever reached was $8.69E-5 USD. This all time low price occured on 6 May 2015.
AYes Dogecoin is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Dogecoin use?
ADogecoin uses a proof of work scrypt concensus algorithm.
QWhat ecosystem is Dogecoin part of?
ADogecoin is part of the Bnb Chain ecosystem.
QIs it possible to stake Dogecoin to generate passive income?
AYes, staking is available for Dogecoin on a number of platforms. For a full list of Dogecoin staking yields see our list of Dogecoin staking yields.
QHow much can I earn staking Dogecoin?
AYou can earn up to 634.9% APY by staking your Dogecoin tokens. Check out our Dogecoin staking yields table for further details.
QWhere is the best place to stake Dogecoin?
ARight now the best staking rates are on Baby Doge Swap with an income rate of up to 634.9% APY.
QWhat is the difference between CeFi and DeFi staking rates for Dogecoin?
AThe best CeFi staking rate that we could find for Dogecoin is on YouHodler with an income rate of up to 3% APY and the best DeFi staking rate is on Baby Doge Swap with an income rate of up to 634.9% APY.
QIs it a good time to buy Dogecoin?
AYou can check the technical indicators for Dogecoin on the Dogecoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Dogecoin.
QWhere is the best place to buy Dogecoin?
AYou can find the cheapest exchange on which to buy Dogecoin on the Dogecoin Buy tab.
QCan you get a Dogecoin loan without collateral?
AAlmost all Dogecoin loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Dogecoin flash loans which allow you to borrow uncollateralised Dogecoin for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Dogecoin loans on the Dogecoin Loans tab.
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