Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged.

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency, or you can get your Dogecoin from a Dogecoin faucet. A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities.

You can sell or buy Dogecoin at any exchange that offers the digital currency, store it on an exchange or in a Dogecoin wallet, and tip Dogecoin in any communities that accept Dogecoin. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab.

Weeks after the release of Dogecoin Core version 1.14.6, core developer Michi Lumin announced the launch of Libdogecoin, a C-library of the network’s building blocks.

Libdogecoin would allow developers to build Dogecoin-compliant products “without needing to worry about the deeper specifics of the crypto functions.” This means that less technical members can easily design products that comply with Dogecoin standards.

Since the update is a pure library, it will not provide a “runnable” node facility. However, Libdogecoin will support multiple languages, including Python, Node.js and Ruby.

The all-time high of DOGE was 0.7375666 USD on 2021-05-08, from which the coin is now down 49.37087609010494%. The all-time high price of Dogecoin (DOGE) is 0.7375666. The current price of DOGE is down 49.37087609010494% from its all-time high.

As of , there is currently 146.79Bn DOGE in circulation. DOGE has a maximum supply of 0.

The current market cap of DOGE is 54.82Bn. It is calculated by multiplying the current supply of DOGE by its real-time market price of 0.373423507832.

The all-time low of DOGE was 0.00008547 , from which the coin is now up 436805.9410693811%. The all-time low price of Dogecoin (DOGE) is 0.00008547. The current price of DOGE is up 436805.9410693811% from its all-time low.

Dogecoin (DOGE) has a market capitalization of $54.82Bn and is ranked #6 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Dogecoin (DOGE) price trends and patterns to find the best time to purchase DOGE.