Dogecoin Price, News and Analysis (DOGE)

Dogecoin (DOGE) Frequently Asked Questions

What is Dogecoin?

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. Blockchain data provided by: Blockchair (Main Source), DogeChain (Backup), and WhatToMine (Block Reward and Time only) (Description provided by CryptoCompare)

How do I buy Dogecoin?

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

What do investment analysts think about Dogecoin?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Dogecoin an overall rating of "C", a technology and adoption rating of "C+", and a market performance rating of "D-".

Where can I get Dogecoin wallet?

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 X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Dogecoin?

One Dogecoin (DOGE) is currently worth $0.18 on major cryptocurrency exchanges. You can also exchange one Dogecoin for 0.00000360 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Dogecoin in U.S. dollars is $23.38 billion.

What hashing algorithm does Dogecoin use?

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

How do I mine Dogecoin?

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), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Dogecoin?

The following coins use Dogecoin's Scrypt algorithm and proof of work (PoW) proof-type: Litecoin, UNUS SED LEO, Polymath, Syscoin, Verge, Hellenic Coin, Presearch, XeniosCoin, Bytom, Lotto, GameCredits, Don-key, Matrix AI Network, Trabzonspor Fan Token and Monavale.

What is the Reddit page for Dogecoin?

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