Dogecoin Price, News and Analysis (DOGE)

A Bitcoin clone that has reached success through clever marketing. Over the past year well over a hundred new cryptocurrencies have been created but not many have instantly carved out a niche. Dogecoin has sponsored multiple high profile events such as Nascar teams and the winter olympics - even so there are few locations to use the coin - and instead it has become a de facto internet tipping currency. The coin has produced 100 billion units by the end of 2014 and is now producing roughly 5 billion units per year. (Description provided by CryptoCompare)

Dogecoin can be purchased or sold on the following cryptocurrency exchanges: Poloniex, Bittrex, Gate.io, HitBTC, CoinExchange, Kraken, Cryptopia, Koineks, YoBit, AEX, CoinEgg, Bitcoin Indonesia, Coinsquare, LiteBit.eu, BX Thailand, Livecoin, Exmo, Bleutrade, C-CEX, BtcTrade.im, Stocks.Exchange, Exrates, OpenLedger DEX, Trade Satoshi, BitGrail, Mercatox, Bit-Z, BCEX, Bits Blockchain, BTC Trade UA, Tidex, Tripe Dice Exchange, Bittylicious, SouthXchange, BitFlip, CryptoBridge, Coinhouse, Upbit, alcurEX, Cryptomate, Tux Exchange, DC-Ex, Coingi and NIX-E.

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Dogecoin.

Dogecoin produces its own wallet software that is available for download on its website, which allows you to store Dogecoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Dogecoin (DOGE) is currently worth $0.01 on major cryptocurrency exchanges. You can also exchange one Dogecoin for 0.00000070 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Dogecoin in U.S. dollars is $662.45 million.

Dogecoin is a proof of work (PoW) coin that uses the Scrypt algorithm.

Dogecoin and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

The following coins use Dogecoin's Scrypt algorithm and proof of work (PoW) proof-type: Litecoin, Verge, Bytom, Syscoin, Matrix AI Network, GameCredits, Polymath, CyberMiles, Einsteinium, Viacoin, BridgeCoin, Gulden, Presearch, Voxels and Omni.

The official Reddit community (subreddit) for Dogecoin is r/dogecoin.