Dogecoin (DOGE) was created in 2013 by Billy Markus and Jackson Palmer as a joke based on the Shiba Inu meme, and grew into one of the largest payment-oriented meme coins.
What Dogecoin is and how it works
Dogecoin (DOGE) was created in 2013 by Billy Markus and Jackson Palmer as a joke based on the Shiba Inu meme, and grew into one of the largest payment-oriented meme coins.
It uses proof of work (Scrypt) with roughly one-minute blocks and is merge-mined with Litecoin, sharing hash power for security.
DOGE supply and token economics
There is no supply cap: each block pays a fixed 10,000 DOGE, adding roughly five billion coins a year, so the percentage inflation rate declines over time.
What usually moves the price
Price is heavily driven by social-media sentiment, celebrity comments and meme-coin cycles, and is strongly correlated with Bitcoin.
These are commonly discussed factors, not a forecast; no single factor guarantees direction.
Where to buy DOGE
DOGE spot pairs are usually listed on large exchanges such as Binance, OKX, Bybit, Bitget and Gate, but pairs and availability depend on your region and account—check the official listing. Compare fees at the same volume, then check spread and slippage.
Key DOGE risks
Sentiment-driven spikes and crashes are common; calculate liquidation distance and funding before trading DOGE with leverage.
Only use money you can afford to lose entirely, and size positions and liquidation prices before using leverage.
How to read the indicators on this page
RSI14 above 70 is often read as overbought and below 30 as oversold; price above MA20 and MA50 is a bullish alignment; MACD shows momentum direction. All are probabilistic readings on 90 days of daily closes and can stay extreme during trends.
Frequently asked questions
What is Dogecoin?
Dogecoin (DOGE) was created in 2013 by Billy Markus and Jackson Palmer as a joke based on the Shiba Inu meme, and grew into one of the largest payment-oriented meme coins.
What is the DOGE supply?
There is no supply cap: each block pays a fixed 10,000 DOGE, adding roughly five billion coins a year, so the percentage inflation rate declines over time.
Where can I buy DOGE?
Large exchanges usually offer DOGE spot trading, subject to your region and account; compare fees and verify the official domain before signing up.
Research and education only; not investment advice.
