Dogecoin Price Today
The current price of Dogecoin (DOGE) is $0.161090, reflecting a -0.78% change over the last 24 hours. Key metrics include:
- 24-Hour Trading Volume: $714,788,315
- Market Cap: $24,165,863,888 (Ranked #09)
Dogecoin Historical Price Data
All-Time High (ATH)
Dogecoin peaked at $0.73. At today's price, DOGE is 77.98% below its ATH.
All-Time Low (ATL)
DOGE's lowest recorded price was $0.000087. Current prices are 185,273.99% higher than this baseline.
Understanding Dogecoin
What Is Dogecoin?
Dogecoin is an open-source, meme-inspired cryptocurrency created in 2013 by Billy Markus and Jackson Palmer. Initially a satire of Bitcoin speculation, it evolved into a community-driven digital asset with a loyal following.
Key Features:
- Fork of Litecoin (itself a Bitcoin fork).
- Uses Auxiliary Proof-of-Work (AuxPOW) for mining, leveraging Litecoin’s network.
- No premine—all DOGE was organically mined.
Why Has Dogecoin Survived?
Unlike other meme tokens, Dogecoin gained longevity through:
- Strong Community: Charitable initiatives (e.g., funding Jamaica’s 2014 Winter Olympics team).
- Celebrity Endorsements: Elon Musk’s 2021 tweets drove price surges.
Dogecoin Security and Wallets
How Secure Is Dogecoin?
- Inherits security from Litecoin’s Proof-of-Work network.
- Risks include phishing scams and malware attacks targeting private keys.
Safeguarding Your DOGE
👉 Secure your DOGE with a hardware wallet
- Cold wallets (e.g., Ledger) offer offline storage, immune to online threats.
- Ledger Live enables tracking and trading DOGE securely.
How to Buy and Trade Dogecoin
Steps to Purchase DOGE via Ledger:
- Acquire a Ledger hardware wallet.
- Install Ledger Live and sync your wallet.
- Add a Dogecoin account and buy DOGE via Transak, Ramp, or other partners.
Swapping DOGE on Ledger Live:
- Install the ‘Exchange’ app.
- Deposit supported cryptocurrencies.
- Swap DOGE for other assets seamlessly.
FAQ
Is Dogecoin a Good Investment?
While volatile, DOGE’s community and niche appeal make it a speculative asset. Diversify wisely.
Can I Stake Dogecoin?
No—DOGE uses PoW; staking isn’t supported. Consider staking ETH or SOL via Ledger Live instead.
How Do I Avoid DOGE Scams?
- Use hardware wallets.
- Never share private keys.
- Verify transactions via Ledger Live.
Explore More Crypto Insights
- Bitcoin Price Trends
- Ethereum Staking Guide
- Comparing Top Meme Tokens
Data updated June 2025. Prices subject to market volatility.