Reputation Ratings


Dogecoin 10-15 years
White Paper
Avg Price

$ 0.174301 USD

$ 0.174301 USD

Market Cap

$ 23.9251 billion USD

$ 23.9251b USD

24h trading volume

$ 2.4668 billion USD

$ 2.4668b USD

7d Vol

$ 24.8528 billion USD

$ 24.8528b USD

Circulating supply

143.438 billion DOGE

Related information

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Last Updated Time

2016-02-27 12:44:41

Language Involved




Token conversion


Current Rate0




WikiBit Risk Alerts

Previous Detection 2024-04-12

The number of the negative comments received by WikiBit have reached 4 for this token in the past 3 months, please be aware of the risk!

Historical Price















Aspect Information
Short Name DOGE
Full Name Dogecoin
Founded Year 2013
Main Founders Billy Markus and Jackson Palmer
Support Exchanges Binance, Huobi, OKEx, Poloniex, Bittrex, etc.
Storage Wallet Dogecoin Wallet, Ledger Wallet, Trezor Wallet, etc.

Overview of DOGE

Dogecoin (DOGE) is a decentralized, peer-to-peer digital currency, often considered a meme coin, that was created in 2013 by Billy Markus and Jackson Palmer. It quickly gained popularity due to its lighthearted branding, featuring the image of a Shiba Inu dog, and its association with the popular Doge meme. While it has been used in some NFT projects and DeFi applications, it is primarily used as a means of payment and for tipping content creators.

Overall, Dogecoin is a unique and interesting cryptocurrency with a strong community. However, it is important to be aware of its risks before investing or using it.

Overview of DOGE

Pros and Cons

Pros Cons
High market capitalization Limited acceptance
Large user base Price volatility
Rapid transaction speed Energy consumption
Open-source and transparent Limited use cases
Advantage in resisting computational power attacks Lack of supply cap


  • High market capitalization: DOGE ranks among the top 10 cryptocurrencies by market capitalization, indicating its relative stability and popularity. This suggests that DOGE is a well-established cryptocurrency with a significant market presence.

  • Large user base: DOGE has a large and active user base, contributing to its network strength and value. A large user base indicates that DOGE is widely used and recognized, making it more likely to be accepted by merchants and businesses.

  • Rapid transaction speed: DOGE transactions are typically fast and inexpensive, facilitating efficient payments. This makes DOGE a suitable option for everyday transactions and micropayments.

  • Open-source and transparent: DOGE's open-source nature ensures transparency and community involvement in its development. This openness allows for scrutiny of the code, fostering trust and confidence among users.

  • Advantage in resisting computational power attacks: DOGE's Scrypt mining algorithm is relatively resistant to computational power attacks, enhancing its security. This resistance to attacks protects the network from malicious actors and safeguards user funds.


  • Limited acceptance: DOGE is not as widely accepted as major cryptocurrencies like Bitcoin and Ethereum, restricting its usage. While DOGE is gaining traction, its limited acceptance may hinder its widespread adoption of payments and other applications.

  • Price volatility: DOGE's price is highly volatile, making it a risky investment. The price of DOGE can fluctuate significantly in a short period, making it unsuitable for those seeking stable investments.

  • Energy consumption: DOGE mining is energy-intensive, raising environmental concerns. The energy consumption associated with DOGE mining has led to criticisms about its environmental impact.

  • Limited use cases: DOGE's primary use cases are tipping and online payments, restricting its overall utility. While DOGE has some niche applications, its limited use cases may hinder its long-term growth potential.

  • Lack of supply cap: DOGE's uncapped supply could potentially lead to inflation and value erosion. The uncapped supply means that there is no limit to the number of DOGE that can be created, which could lead to inflation and a decrease in the value of individual DOGE coins.

Coin Market

Dogecoin has experienced significant growth and volatility since its inception. It reached a peak market capitalization of over US$85 billion in May 2021, driven by the overall cryptocurrency market bull run and endorsements from high-profile figures like Elon Musk. However, DOGE's price has since declined significantly, reflecting the broader market downturn.

Despite the volatility, DOGE remains one of the most popular cryptocurrencies by market capitalization and trading volume. It has a large and active community of supporters who believe in its long-term potential.

Key Factors Influencing DOGE's Market Performance

Several factors influence DOGE's market performance, including:

  • Overall cryptocurrency market sentiment: DOGE's price tends to move in tandem with the broader cryptocurrency market. During periods of bullish sentiment, DOGE's price typically rises, while during bearish periods, it tends to fall.

  • Social media and celebrity endorsements: DOGE has benefited from endorsements from high-profile figures like Elon Musk, who have tweeted about the coin and encouraged its adoption. Social media discussions and memes can also impact DOGE's price.

  • Exchange listings and trading availability: The availability of DOGE on major cryptocurrency exchanges and trading platforms makes it more accessible to a wider audience, potentially boosting its adoption and price.

  • Developments and updates to the Dogecoin ecosystem: Positive developments and updates to the Dogecoin ecosystem, such as upgrades to its network or new partnerships, can generate excitement and positively impact the coin's price.

Crypto Wallet

Here are some of the most popular Dogecoin (DOGE) Android wallets:

  • Dogecoin Wallet: This is the official Dogecoin wallet for Android. It is a simple and easy-to-use wallet that is perfect for beginners. It has a built-in exchange that allows you to buy and sell DOGE, and it also supports staking.

  • Guarda Wallet: This is a multi-currency wallet that supports over 50 cryptocurrencies, including DOGE. It is a secure and reliable wallet that offers a variety of features, including staking, private key storage, and support for multiple blockchains.

  • Exodus Wallet: This is another popular multi-currency wallet that supports over 100 cryptocurrencies, including DOGE. It is a user-friendly wallet that is perfect for beginners. It has a built-in exchange that allows you to buy and sell DOGE, and it also supports staking.

  • Atomic Wallet: This is a multi-currency wallet that supports over 500 cryptocurrencies, including DOGE. It is a decentralized wallet that gives you full control over your private keys. It also has a built-in exchange that allows you to buy and sell DOGE.

  • Trust Wallet: This is a popular multi-currency wallet that supports over 100 cryptocurrencies, including DOGE. It is a non-custodial wallet that gives you full control over your private keys. It also has a built-in exchange that allows you to buy and sell DOGE.

  • These are just a few of the many popular Dogecoin (DOGE) Android wallets available. When choosing a wallet, it is important to consider your needs and preferences. Factors to consider include security, ease of use, features, and supported cryptocurrencies.

    What makes DOGE Unique?

    Dogecoin, also known as DOGE, provides a unique case study in the world of cryptocurrencies due to its unexpected rise from a facetious origins to a significant player in the market. Its initial creation was based on the popular “Doge” internet meme, which was an element of novelty and humor that many other cryptocurrencies lacked. This meme-based branding contributed to Dogecoin's wider casual recognition among internet users beyond the usually niche group of cryptocurrency enthusiasts.

    Another striking difference is the community aspect. Dogecoin's community is known for its participatory and spirited nature, often rallying around community-driven events or fundraising for various causes. This has led to an unusual use case for a cryptocurrency, that of tipping and donating on the internet.

    On the technical level, Dogecoin is a derivative of Litecoin, which in turn was a fork from Bitcoin but with a much higher supply limit and faster block timing. This leads to swifter transaction speeds and lower fees than Bitcoin which, in theory, makes it suitable for small, day-to-day transactions. However, it's worth noting that other cryptocurrencies also offer fast speeds and low fees.

    Despite these unique factors, it's critical to mention Dogecoin's potential drawbacks. It was initially designed as a “joke” currency and its long-term development and use-case strategies are not as clearly defined as some other cryptocurrencies. Furthermore, its price has shown significant volatility and susceptibility to social media influence, making it an unpredictable investment. Nonetheless, Dogecoin underscores the potential for unexpected outcomes and community-driven success in the versatile world of digital currencies.

    How Does DOGE Work?

    Dogecoin operates on a Proof-of-Work (PoW) model, much like Bitcoin and many other cryptocurrencies. The specifics of its operation, including its mining software and equipment, speed, and transaction processing time are as follows:

    Mining Software and Equipment: Mining Dogecoin largely involves the same sort of equipment used to mine other Proof-of-Work cryptocurrencies, like Bitcoin. This includes high-performance computers equipped with powerful GPUs or ASICs. However, the mining software used can vary greatly depending on the miner's preference and their specific equipment set up. Some popular options include CGMiner, MultiMiner, EasyMiner, and CudaMiner.

    Mining Speed and Reward: Dogecoin, being a derivative of Litecoin, has a significantly faster block generation time than Bitcoin. While Bitcoin's block time is about ten minutes, Dogecoin's block time is just one minute, resulting in faster mining. Furthermore, the block reward system for Dogecoin is static, awarding 10,000 DOGE for each block mined. This contrasts with Bitcoin's halving system, in which the reward for mining a new block gets halved approximately every four years.

    Processing Time: The faster block generation of Dogecoin also results in swift transaction processing times. Given that new blocks are added to the Dogecoin blockchain every minute (as opposed to every 10 minutes for Bitcoin), transactions can be confirmed at a quicker rate. This, in combination with lower transaction fees, theoretically makes Dogecoin a more practical choice for small, regular transactions.

    However, it's crucial to recognize the environmental footprint, high energy consumption, and potential issues of centralization associated with Proof-of-Work mining, whether that's for Bitcoin or Dogecoin. Furthermore, while Dogecoin's block time and transaction speed are faster than Bitcoin's, this advantage is not unique to Dogecoin as other cryptocurrencies, like Litecoin, also offer swift transaction processing times.

    Price of DOGE

    Dogecoin's price has been very volatile since its inception in 2013. It has experienced periods of rapid price increases followed by equally sharp declines. For example, in January 2021, DOGE's price surged from around $0.005 to over $0.08 in just a few days, before falling back to around $0.05 by the end of the month.

    There are a number of factors that can contribute to DOGE's price volatility. One factor is its relatively high supply. There are currently over 132 billion DOGE in circulation, and new DOGE coins are minted every day. This large supply can make DOGE more susceptible to price swings.

    Another factor that can contribute to DOGE's price volatility is its popularity among retail investors. DOGE is often seen as a “meme coin” that is not taken seriously by many institutional investors. This can make DOGE more susceptible to pump-and-dump schemes and other market manipulation.

    To be eligible for the Coin Airdrop of Dogecoin (DOGE), you must have a Dogecoin wallet and hold at least 50 DOGE. The airdrop will distribute 10 DOGE to each eligible wallet address. The airdrop will begin on November 6, 2023, and will end on November 10, 2023

    Exchanges to Buy DOGE

    Several established cryptocurrency exchanges support the buying and trading of DOGE. Here are some examples:

    1. Binance: As one of the world's largest and most respected cryptocurrency exchanges, Binance offers comprehensive trading options for Dogecoin, including both spot and futures markets.

    2. Huobi: Widely recognized for its global presence, Huobi offers DOGE trading pairs with major currencies like Bitcoin and USDT.

    3. OKEx: A leading digital asset exchange, OKEx provides a platform for trading DOGE in pairs with multiple popular cryptocurrencies.

    4. Poloniex: Boasting a robust security infrastructure, Poloniex supports the trading of DOGE and provides users with comprehensive charts and data to inform their trading decisions.

    5. Bittrex: Bittrex provides real-time trade execution and dependable digital wallets, allowing users to buy, sell and store DOGE with ease.

    It's important to note these platforms may require investors to complete a registration and identity verification process due to regulatory requirements. Investors should also be aware that trading cryptocurrencies involves risks, including loss of capital, and they should therefore tread cautiously.

    Exchanges to Buy DOGE

    How to Store DOGE?

    Storing DOGE tokens involves using a secure digital wallet. Here are some wallet options:

    1. Dogecoin Wallet: This is the original wallet from the Dogecoin developers. It's an open-source software that is compatible with multiple operating systems and provides full control over the private keys.

    2. Ledger Wallet: A hardware wallet, Ledger is considered one of the most secure options to store cryptocurrencies. The Ledger Nano S and Ledger Nano X models both support storing DOGE.

    3. Trezor Wallet: Another kind of hardware wallet, Trezor also provides secure offline storage for Dogecoin. Its models, the Trezor One and Trezor Model T, can be used to store DOGE.

    4. MultiDoge Wallet: MultiDoge is a lightweight client that is quicker to sync with the Dogecoin blockchain than the official Dogecoin Wallet. It is easy to use and can be installed on multiple operating systems.

    5. Exodus Wallet: It is a multi-currency wallet that supports DOGE along with numerous other cryptocurrencies. Exodus offers a user-friendly interface and exists both on desktop and mobile.

    6. Coinomi Wallet: Known for its security and privacy features, Coinomi supports DOGE along with many other cryptocurrencies in its mobile wallet solution.

    It's important to note that hardware wallets are thought to be the safest, as they store cryptocurrencies offline and are less vulnerable to hacking. However, software wallets or online wallets can still be used for convenience but may present a greater risk. Remember to take appropriate measures, like setting strong passphrases and making regular backups, to secure the wallet.

    Is It Safe?

    The safety of Dogecoin (DOGE) depends on several factors, including the security of the Dogecoin network, the security of your Dogecoin wallet, and the overall safety of the cryptocurrency market.

    Dogecoin Network Security

    The Dogecoin network is secured by a process called Proof of Work (PoW). PoW is a consensus mechanism that requires miners to solve complex mathematical problems in order to validate transactions and add new blocks to the blockchain. This process makes it very difficult for malicious actors to tamper with the Dogecoin network.

    Dogecoin Wallet Security

    The security of your Dogecoin wallet depends on the type of wallet you use and how you store your private keys. If you use a custodial wallet, such as an exchange-based wallet, your private keys are stored by the exchange. This means that the exchange is responsible for the security of your funds. If the exchange is hacked, your funds could be lost.

    Overall Safety of the Cryptocurrency Market

    The cryptocurrency market is still relatively new and volatile. This means that there is a risk that the value of DOGE could decline or even go to zero. Additionally, there is a risk of hacks and scams in the cryptocurrency market.

    Overall, Dogecoin is a relatively safe cryptocurrency. However, there are some risks to be aware of before investing or using DOGE.

    Can Dogecoin be used for payment?

    Dogecoin (DOGE) is a decentralized, peer-to-peer digital currency that can be used for a variety of payment methods. Here are some of the most common ways to use DOGE for payments:

    • Online payments: Many online merchants now accept DOGE as a payment method. This includes e-commerce stores, online services, and even some brick-and-mortar stores that accept online payments.

    • Peer-to-peer (P2P) payments: DOGE can also be used to send and receive payments directly between individuals. This can be done using a variety of methods, such as QR codes, mobile wallets, and cryptocurrency exchanges.

    • Tipping: DOGE is a popular currency for tipping content creators online. This is especially common on social media platforms and websites that support cryptocurrency tipping.

    • Donations: DOGE is also often used for donations to charities and non-profit organizations. This is a great way to support causes you care about using a decentralized and transparent currency.

    • Gift cards: Some companies offer DOGE gift cards that can be used to purchase goods and services from a variety of merchants.

    • How to Earn DOGECoins?

      Dogecoin may be a suitable investment for individuals with:

      • A high-risk tolerance: Dogecoin is a highly volatile cryptocurrency, meaning its price can fluctuate significantly in a short period. This makes it a riskier investment than more established cryptocurrencies like Bitcoin or Ethereum. However, the potential for high returns can also be appealing to investors who are willing to take on more risks.

      • A long-term investment horizon: Dogecoin's price has been highly volatile in the past, but it has also experienced significant growth over the long term. As the cryptocurrency market matures and Dogecoin's adoption grows, there is potential for the price to continue to appreciate. However, investors should be prepared to hold their DOGE for an extended period to realize these potential gains.

      • An interest in the cryptocurrency community: Dogecoin has a strong and active community of supporters who are passionate about the project. This community can be a valuable resource for information and support, and it can also help to keep investors informed about developments in the Dogecoin ecosystem.

      Objective and professional advice for those who want to buy Dogecoin (DOGE):

      • Do your own research (DYOR): Before investing in any cryptocurrency, it is essential to do your own research and understand the risks involved. Read whitepapers, follow industry news, and analyze historical price data to make an informed decision about whether or not Dogecoin is a right fit for your investment portfolio.

      • Invest only what you can afford to lose: The cryptocurrency market is volatile, and there is no guarantee that you will make a profit on your investment. Only invest money that you can afford to lose without jeopardizing your financial stability.

      • Diversify your portfolio: Don't put all your eggs in one basket. Diversify your cryptocurrency portfolio by investing in a variety of different assets, including Bitcoin, Ethereum, and other promising projects.

      • Store your DOGE safely: Once you have purchased DOGE, store it securely in a non-custodial wallet. This will give you full control over your private keys and protect your investment from hacks and scams.

      • Be patient: The cryptocurrency market is still relatively new, and it can take time for an investment to appreciate in value. Be patient and don't panic sell if the price of DOGE experiences a temporary decline.

      • Stay informed: Keep up with the latest news and developments in the Dogecoin ecosystem. This will help you to make better decisions about your investment and stay ahead of the curve.

      • How to Earn DOGECoins?


        Dogecoin, also known as DOGE, is a cryptocurrency that was launched in 2013. It has a vibrant community and is well-known in both the crypto world and the wider internet, thanks in part to its distinctive branding based on a popular meme. Some of the technical aspects of Dogecoin, such as the lower transaction fees and faster block generation compared to Bitcoin, position it as a potentially useful tool for online tipping or micropayments.

        As an investment, DOGE has demonstrated significant volatility. While this volatility can potentially create opportunities for appreciable financial gain, it also poses a high level of risk. Investors need to be ready for large price swings and be prepared to potentially lose their investment. Given the nature of the cryptocurrency market and the frequent episodes of hype that can drive up prices, Dogecoin's future development and price trajectory remain highly uncertain.

        In terms of its technical development prospects, Dogecoin's future is similarly uncertain. While it has a consistently active community, the plan for its ongoing evolution and expansion, in relation to other more established cryptocurrencies like Bitcoin or Ethereum, is not as clear.

        In summary, Dogecoin represents an interesting example of the unpredictable nature of the cryptocurrency market. Its potential for appreciation, like many cryptocurrencies, is uncertain, and potential investors need to proceed with caution, thorough research, and ideally, personalized advice from a financial advisor.


        Q: What is DOGE's primary functional purpose?

        A: DOGE, or Dogecoin, is primarily used as a digital tipping system for rewarding content creators or for making charitable donations online.

        Q: Who were the individuals behind the creation of Dogecoin?

        A: Dogecoin was co-founded by software engineers Billy Markus and Jackson Palmer in 2013.

        Q: Can Dogecoin be mined like Bitcoin?

        A: Yes, Dogecoin operates on a Proof-of-Work model similar to Bitcoin, allowing it to be mined, albeit with faster block generation time and lower transaction fees.

        Q: Are there risks involved in investing in DOGE?

        A: Yes, similar to other cryptocurrencies, investing in DOGE involves substantial risk due to its high volatility and susceptibility to market manipulation.

        Q: Is Dogecoin accepted on all major cryptocurrency exchanges?

        A: A number of prominent exchanges, including Binance, Huobi, OKEx, Poloniex, and Bittrex, support the buying and selling of DOGE.

        Q: What are some secured wallets for storing DOGE?

        A: Various wallet options like the Dogecoin Wallet, Ledger Wallet, Trezor Wallet, MultiDoge Wallet, Exodus Wallet, and Coinomi Wallet, among others, support the storage of DOGE.

        Q: What differentiates DOGE from other cryptocurrencies?

        A: Unique properties of DOGE include its meme-based branding, strong community support, and its utilization as an online tipping and donation system.

        Q: What kind of investors are suitable for investing in Dogecoin?

        A: Investors with an appetite for high risk, long-term believers in blockchain technology, and community-inclined individuals may consider investing in Dogecoin while managing its associated risks.

        Q: What's the future potential of DOGE?

        A: The future potential of DOGE is difficult to predict, mainly due to its inherent market volatility and the uncertainty surrounding its long-term development plans.

        Q: How can one mitigate the risks of investing in Dogecoin?

        A: Risks associated with investing in Dogecoin can be mitigated by carrying out thorough research, seeking professional financial advice, managing investment risks, securely storing tokens, and staying updated with evolving crypto regulations.

User Reviews


291 ratings

Participate in evaluation
easy to navigate, unlimited earnings to the moon,safe and secure
2023-11-02 03:23
DOGE will be the next gem 1000X this project very potential and promising 🔥🔥🔥
2023-09-06 22:54
DOGE will be the next gem 1000X 🔥🔥🔥 this project very potential and promising
2023-09-06 22:53
it has grown to become one of the most popular cryptocurrencies, with a large and passionate community of supporters.
2023-12-21 20:56
Doge is notable for it's friendly and light-hearted community. It's fun and easy to transact.
2023-12-21 01:09
Doge is mining as we speak and very soon it will hit the crypto market
2023-11-10 06:36
It's essential to be cautious when considering Dogecoin as an investment due to its price fluctuations.
2023-11-02 05:29
Dodge is coming
2023-10-25 20:18
Dodge is coming 🔥🔥
2023-10-23 14:43
Start understanding this app
2024-03-25 23:24
Doge's appreciability and community support make it a great choice for those new to the cryptocurrency world
2023-12-02 01:00
Doge's integration into various online platforms makes it convenient for users to transact.
2023-12-01 22:51
DogeCoin (DOGE) started as a playful cryptocurrency featuring the Shiba Inu dog meme. Despite its lighthearted origin, Dogecoin gained popularity, fueled by community support and celebrity endorsements. However, it's essential to note its volatile nature and the ongoing debate surrounding its long-term utility.
2023-11-20 22:34
DOGE will be the next gem 100X 💯💯 this project very potential and promising in which Elon musk owner of Tesla too he is holding DOGE💗💗💗💗
2023-11-10 07:08
Dogecoin will be taking over the market very soon. a very effective coin with a lot of benefits.
2023-11-01 21:25
Dogecoin is undoubtedly a unique and entertaining presence in the cryptocurrency space.
2023-10-29 23:35
I was addicted to dogecoin way back 2020. I got dogecoin tokens from telegram groups they give doge tokens in return of a task or a reward of the games we played. Then, suddenly ot pumped with the help of Elon Musk. This is the crypto movement that makes people smile! yes 100% Thanks to Elon. I hope someday it will pump again. I'm not losing hope. 🙏🤞🤞🤞
2023-10-28 23:56
Ausome things happen on this Doge token on the year of 2021 lots of the investors became millionaire but now we can see it's on big dip ....Some experts says it can reach 0.3$ this 2025 Soo let's tuned for it .,.🤔
2023-10-28 20:48
DogeCoin's meme appeal and devoted community make it a fun and intriguing choice in the crypto world. Stay curious! 🚀🐕 #DogeCoinHodl
2023-10-25 12:19
come on doge rise again 😕
2023-09-04 12:25

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