Dogecoin DOGE
Cryptocurrency · Meme coins · Proof of Work (PoW) · launched in 2013
№11of 40 004
- $0.0858
- Price −5.06%
- $13.39 billion
- Capitalization
- $636.42 million
- Volume over 24 hours
- 0.5%
- Dominance
About the coin
- Circulating supply
- 172.18 billion DOGE
- Total supply
- 172.18 billion DOGE
- Maximum supply
- Unlimited
- Fully diluted capitalization
- $13.39 billion
- 24h high
- $0.0916
- 24h low
- $0.0848
Dogecoin (DOGE) is a cryptocurrency created in 2013 by programmers Billy Markus and Jackson Palmer as a joke based on the internet meme featuring a Shiba Inu dog. Over time, DOGE became one of the most recognizable cryptocurrencies and the first memcoin. The network operates on a Proof-of-Work (Scrypt) algorithm and is mined through merged mining with Litecoin. Unlike Bitcoin, Dogecoin's emission is unlimited: a fixed amount of new coins is released each year. Fast transfers and low fees have made DOGE popular for tips and small payments. The exchange rate is significantly influenced by social media and statements from Elon Musk.
Additional information
FAQ
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Dogecoin (DOGE) is a cryptocurrency created in 2013 as a humorous alternative to Bitcoin. The coin's symbol features a Shiba Inu dog from a popular internet meme. Despite its lighthearted origins, DOGE has become one of the world's most well-known and traded cryptocurrencies.
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Dogecoin was created by programmers Billy Markus and Jackson Palmer. They wanted to make a fun and accessible cryptocurrency that would mock the cryptocurrency hype. Both creators left the project long ago, and Dogecoin is now developed by independent developers and the Dogecoin Foundation.
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A memecoin is a cryptocurrency whose popularity is driven primarily by internet culture, memes, and community rather than technological advantages. Dogecoin became the first memecoin and a model for many imitators.
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Yes. DOGE is mined using the Proof-of-Work (Scrypt) algorithm. Dogecoin is typically mined together with Litecoin (merged mining): one piece of equipment simultaneously mines both coins, which increases network security. Specialized equipment (ASIC) is now required for efficient mining.
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No. Unlike Bitcoin, Dogecoin has no upper limit on the number of coins: the same number of new DOGE is issued each year. As the total number of coins grows, annual inflation as a percentage gradually decreases.
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Dogecoin is based on Litecoin code, which in turn derived from Bitcoin. The main differences are unlimited supply, faster block creation, and low transaction fees. Bitcoin is typically viewed as a store of value, while Dogecoin is designed for small payments and tips.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .