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$0.077701
-2.47% 24h24h high
$0.080335
24h low
$0.077207
All-time high
$0.731578
From ATH
-89.38%
Market cap
$12.15B
24h volume
$500.87M
Circulating supply
156,359,642,864.234 DOGE
Total supply
156,378,132,864.234 DOGE
Max supply
∞
Price change 7d / 30d / 1y
-10.69% · -11.16% · -59.09%
Dogecoin is an open-source digital currency based on the "Doge" meme that functions as a peer-to-peer medium for fast payments and digital tipping. Unlike projects backed by corporate entities, its value is driven by a global community, and the project is managed by a decentralized group of volunteers and the non-profit Dogecoin Foundation rather than a formal company. Originally created in 2013 by software engineers Billy Markus and Jackson Palmer as a market parody, the project held no public sale or venture capital rounds. The network operates as a fork of LuckyCoin, which itself was a fork of Litecoin, using a proof of work consensus mechanism. It employs the Scrypt algorithm to ensure the mining process remains fast and efficient, with new blocks processed every 60 seconds
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