Dogecoin is a cryptocurrency created as a joke, featuring the Shiba Inu dog from the doge meme, with a peak market cap of over $85 billion in 2021.
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Dogecoin, a cryptocurrency created by Billy Markus and Jackson Palmer as a joke poking fun at cryptocurrency speculation, is considered the first "meme coin" and "dog coin." Despite its satirical origins, some view it as a viable investment. Dogecoin's logo features Kabosu, the Shiba Inu from the "doge" meme, which became popular in 2013. The meme includes a Shiba Inu image with broken English text in Comic Sans font. Introduced on December 6, 2013, Dogecoin quickly gained a community, reaching over US$85 billion in market capitalization on May 5, 2021. As of 2021, it sponsors Watford Football Club and uses scrypt technology in its proof-of-work algorithm, requiring more complex mining hardware.
As of now, Dogecoin is trading at 0.196303 USD, with a 24-hour trading volume of approximately 196.05M USD. The DOGE to USD price is updated in real time. Over the past 24 hours, Dogecoin has increased by 10.54%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 29.26B USD. Currently, there are 149 076 556 383.70523 DOGE in circulation out of a maximum supply of 149 076 556 383.70523 DOGE.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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