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What is Dogecoin? List of Dogecoin issuance and listed trading platforms

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王林Original
2024-08-28 18:45:09916browse

Dogecoin is a decentralized cryptocurrency with a Shiba Inu as its symbol and based on Litecoin technology. It has no issuance cap and the current circulating supply is 132.7 billion DOGE. It is tradable on major exchanges such as Binance, OKEx, Kraken, and more, and features include unlimited supply, fast transactions, low transaction fees, and an active community. Dogecoin is mainly used for online payments and rewards.

What is Dogecoin? List of Dogecoin issuance and listed trading platforms

What is Dogecoin?

Dogecoin is a decentralized cryptocurrency based on Litecoin blockchain technology, and its logo is a Shiba Inu.

Issuance of Dogecoin

There is no cap on the issuance of Dogecoin, and its current circulating supply is approximately 132.7 billion DOGE.

List of Dogecoin listed trading platforms

As of now, Dogecoin can be traded on the following major trading platforms:

  • Binance
  • Huobi
  • OKEx
  • Kraken
  • Bittrex
  • Poloniex
  • Upbit
  • Gemini
  • eToro
  • Robinhood

Features of Dogecoin

  • Unlimited Supply: Dogecoin has no issuance cap, so its supply can be increased indefinitely.
  • Fast Transactions: Dogecoin transactions have short processing times and are usually completed within minutes.
  • Low Transaction Fees: Dogecoin has extremely low transaction fees, typically less than a fraction of a dollar.
  • Active Community: Dogecoin has a large and active community with a large following on social media and online forums.

Uses of Dogecoin

Dogecoin is mainly used for online payments and rewards. It is widely accepted as a method of payment for goods and services and is often used for tipping on social media.

Dogecoin Market Updates

As of now, the price of Dogecoin (DOGE) is $0.1054. Volume is $535,586,284.35 and market cap is $15,354,449,477.52.

Recent Price Changes

Dogecoin price fell by 3.49% in the past 24 hours. This drop may be attributed to a broad sell-off in the cryptocurrency market, as well as negative rhetoric surrounding Dogecoin.

Future Outlook

The short-term outlook is mixed. While subdued market sentiment may continue to pressure prices, Dogecoin’s strong community and potential as a potential payment method could be bullish factors.

It is recommended that

Investors should conduct their own research before making any investment. Dogecoin is a highly volatile asset and is not suitable for all investors.

Short-term trend prediction

Dogecoin price is expected to continue to fluctuate in the near future. Market sentiment remains a key factor, but Dogecoin’s long-term outlook remains promising.

Indicators

  • Current price: $0.1054
  • 24-hour trading volume: $535,586,284.35
  • Circulation market capitalization: $15,354,449,477.52
  • Circulation: 145,701,876,383.71
  • Maximum supply: None

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