It can be purchased on all major cryptocurrency exchanges such as Robinhood, Binance, and Kraken. It is currently the sixth largest cryptocurrency by market capitalization (the market value of all available Dogecoins), closing at $0.40 on Thursday. Dogecoin is a type of cryptocurrency, just like bitcoin, ethereum, and many others. Dogecoin is a cryptocurrency, a form of digital money that, like bitcoin, allows peer-to-peer transactions on a decentralized network.

Dogecoin uses Litecoins encryption technology and is a proof-of-work coin. Dogecoin was created on December 6, 2013 by a couple of software engineers as a joke. A software engineer named Billy Marcus used the Bitcoin source code to write the code for the Dogecoin cryptocurrency.

Named after the expressive dog meme, it was intended to poke fun at the arrogant cryptocurrencies of the time, many of which never took off. It followed the Shiba Inu coin, which was issued in honor of the infamous meme of the doge of the Japanese race. It was created by IBM developer Billy Markus and Adobe data scientist Jackson Palmer in 2013 as an alternative to bitcoin and a parody of the online cryptocurrency cult. As noted above, Dogecoin has a small but loyal audience that sets it apart from most other cryptocurrencies – the dog mascot sets a fun and friendly tone.

Since the bubble burst in 2018, Dogecoin has lost most of its value, but it still has a core of supporters who trade it and use it to offer content on Twitter and Reddit. Dogecoin can be purchased using various cryptocurrency and stock exchanges. Like all cryptocurrencies, dogecoin is a digital currency that can be bought and sold as an investment and spent as money. Like other cryptocurrencies, Dogecoin is used with a wallet on your laptop, smartphone or website.

In fact, it is now one of the top crypto performers with an estimated cumulative value of over $60 billion, making it bigger than Ford and Twitter. The latest price increase has propelled Dogecoin's market cap to over $50 billion, placing it among the top five most valuable cryptocurrencies in the world. During the cryptocurrency bubble from 2017 to early 2018, Dogecoin briefly peaked at $0.017 per coin on January 7, 2018, bringing its total market cap closer to $2 billion. In January 2014, Dogecoin's trading volume briefly surpassed that of Bitcoin and all other cryptocurrencies combined, yet its market capitalization remained significantly lower than that of Bitcoin.

Dogecoin has a real-time market cap of $26,462,676,821 at press time on January 14, with a circulating supply of 132,670,764,300 DOGE, according to CoinMarketCap. According to CoinMarketCap, Dogecoin is currently the 11th largest cryptocurrency in the world by market capitalization, which is the total market value of the current cryptocurrency supply. At the time of the January 14 report, Dogecoin's real-time price was almost $0.199461, up 16.05% over the past 24 hours, with a 24-hour trading volume of over $4,319,112,779. cryptocurrencies.

Dogecoin, the cryptocurrency named after a viral meme from years ago, hit a new all-time high on Friday afternoon. It currently has a market capitalization of around $92 billion after an increase of over 26,000 percent in six months. He started the year at around 0.5p, up 9900% from this year.

Along the way, the rise of the Doges was fueled by a wave of tongue-in-cheek social media endorsements from Tesla billionaire boss Elon Musk, rapper Snoop Dogg and Kiss bassist Gene Simmons. The price of dogecoin, which has surged over 10,000% in the last 12 months, has defied its critics and managed to maintain most of its staggering gains even as the broader bitcoin and crypto market is in crisis.

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