Current Dogecoin (DOGE) Price Overview
Latest DOGE Price: $0.0707697
| Metric | Value |
|---|---|
| 24H High | 0.0719467 |
| 24H Low | 0.0645788 |
| All-Time High | 0.752019 |
| All-Time Low | 0.00008547 |
| 24H Trading Volume | 8.113B DOGE |
| 24H Turnover Rate | 5.80% |
| Market Cap | $9.731B |
| Circulating Supply | 137.4B DOGE |
Real-Time DOGE/USD Price Data
Dogecoin is currently trading at $0.071**, with a 24-hour trading volume of **$48,611,166.13. Over the past day, DOGE has surged 9.17%, maintaining its position as the 10th-largest cryptocurrency by market capitalization ($9.9B). The circulating supply stands at 137,201,696,383 DOGE.
Price Performance (USD)
| Time Frame | Price Change | Percentage Change |
|---|---|---|
| Today | +$0.0034 | 4.97% |
| 7 Days | +$0.0053 | 8.04% |
| 30 Days | +$0.0091 | 14.58% |
| 3 Months | +$0.0068 | 10.61% |
Dogecoin Price Trends: July 2023 Highlights
| Date | Closing Price | High | Low | Volume | Change |
|---|---|---|---|---|---|
| 2023-07-14 | $0.070830 | $0.072072 | $0.070303 | 2.60B DOGE | +0.62% |
| 2023-07-13 | $0.070395 | $0.071629 | $0.064585 | 2.24B DOGE | +8.25% |
| 2023-07-12 | $0.065031 | $0.065619 | $0.063864 | 527.94M | -0.36% |
(Full 30-day table condensed for brevity; contact for extended data.)
What Is Dogecoin?
Dogecoin (DOGE) is a decentralized, peer-to-peer cryptocurrency launched in December 2013. Initially created as a lighthearted alternative to Bitcoin, it quickly gained traction due to its active community and low transaction fees. Key features include:
- Algorithm: Scrypt
- Block Time: 1 minute (vs. Bitcoin’s 10 minutes)
- Supply: Initially 100B mined, with 5B added annually (no cap)
- Use Cases: Tipping, charitable donations, microtransactions
Why Dogecoin Stands Out
- Cultural Appeal: Strong ties to internet meme culture and philanthropic initiatives.
- Adoption: Integrated into platforms like Facebook for tipping and Reddit for rewards.
- Accessibility: Low per-unit cost encourages broader participation.
👉 Discover how Dogecoin compares to other cryptocurrencies
Top 10 Dogecoin Trading Platforms
- OKEx – High liquidity for institutional traders.
- Huobi Global – Popular among retail investors.
- Coinbase – Best for U.S.-based users.
- Binance – Largest global exchange by volume.
- Kraken – Robust security features.
(Remaining platforms listed in original omitted for conciseness.)
FAQ: Dogecoin Explained
1. Is Dogecoin a good investment in 2023?
While DOGE shows volatility, its strong community and recurring hype cycles (e.g., Elon Musk endorsements) make it a speculative asset. Diversification is advised.
2. How can I buy Dogecoin?
Purchase DOGE on major exchanges like Binance or Coinbase using fiat or other cryptocurrencies.
3. What drives Dogecoin’s price?
Key factors include social media trends, celebrity endorsements, and broader crypto market sentiment.
4. Can Dogecoin reach $1?
Achieving $1 would require a ~14x increase from current prices, contingent on mass adoption and sustained demand.
5. Is Dogecoin inflationary?
Yes, with a 5% annual supply increase, though this rate decreases over time.
Final Thoughts
Dogecoin remains a unique blend of memetic appeal and transactional utility. While its price fluctuates, its loyal community and low-barrier entry keep it relevant. For real-time updates, monitor metrics like trading volume and social media trends.
👉 Explore Dogecoin trading strategies
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risks; always conduct independent research.
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