Markets · Coin

Dogecoin (DOGE) price and market data

Meme coin · Proof of Work

Short answer: Dogecoin is the 2013 meme coin that became a durable proof-of-work payment currency with no supply cap. The panel below loads its live price, market cap, volume, supply, and 24h/7d/30d performance from named public sources with the as-of time printed on it. The sections after it explain what Dogecoin is and how it works, without quoting prices that would go stale.

What is Dogecoin?

Dogecoin started in December 2013 as a joke: software engineers Billy Markus and Jackson Palmer built it around the Doge internet meme to parody the speculative coins of the day. It never went away. DOGE became a long-lived payment and tipping currency with one of the longest continuous operating histories in crypto.

Under the joke is a plain Litecoin-descended blockchain: proof-of-work mining with the Scrypt algorithm, one-minute blocks, and merge mining alongside Litecoin since 2014, which lets the same miners secure both networks. Unlike Bitcoin there is no supply cap. A fixed reward of 10,000 DOGE per block issues roughly five billion new coins per year, a steady inflation that dilutes holders slowly but predictably.

Official project site: dogecoin.com

How Dogecoin works

  • Miners produce a block about every minute using Scrypt proof of work, and most Dogecoin mining happens jointly with Litecoin through merge mining.
  • Each block pays a fixed 10,000 DOGE reward forever; there is no halving and no maximum supply.
  • Transactions are simple payments in the Bitcoin tradition (a UTXO ledger), with low fees suited to small transfers and tips.
  • There is no company behind Dogecoin; development is handled by volunteers and the non-profit Dogecoin Foundation.

The risk, in plain terms

DOGE began as a parody and its price is driven largely by attention and celebrity mention. Its uncapped issuance means scarcity arguments do not apply.

Every figure on this page comes from the named public source printed beside it. If a feed fails, the panel says so instead of presenting old numbers as live. Read the methodology for how CryptosEyes sources market data, and the disclaimer before acting on anything you read here.

Dogecoin coverage on CryptosEyes

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Detail pages cover the 20 largest cryptocurrencies by market capitalization in the site's market feed when this set was built. Everything else, including the full top 100 with the same live figures, is on the Markets table, and the week's biggest movers are in Weekly Movers.

Frequently asked questions

What is the current price of Dogecoin?

The live panel at the top of this page shows the latest DOGE price in US dollars, loaded in your browser from the CoinGecko public market API with the CoinPaprika public API as fallback. It refreshes about every two minutes while the page is open and prints its source and as-of time beside the figures. An aggregator price is a market-wide average across exchanges; a single exchange can quote slightly higher or lower at the same moment.

How is Dogecoin's market cap calculated?

Market capitalization is the current price multiplied by the circulating supply, the amount of DOGE in public hands as reported by the data source. Where the source publishes total and maximum supply, this page shows those beside the circulating figure so the gap is visible. Market cap values the circulating coins at today's price; it is not the amount of money anyone has invested in the asset, and it moves whenever either the price or the reported supply changes.

Is DOGE a good investment?

CryptosEyes does not make that call for any asset. This page publishes market data with named sources and explains how Dogecoin works, so you can judge it against your own research. The risk to understand first: DOGE began as a parody and its price is driven largely by attention and celebrity mention. Its uncapped issuance means scarcity arguments do not apply.

Market data only, not investment advice. Back to all crypto prices or Weekly Movers.

Important: Educational Purposes OnlyThe data, charts, treasury tracking metrics (including mNAV and SPS), and research provided on CryptosEyes.com are for informational and educational purposes only. They do not constitute certified financial, investment, or trading advice. Digital assets like Bitcoin and Ethereum are highly volatile. Always conduct your own research and consult with a registered financial advisor before making investment decisions.