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Dogecoin (DOGE) Review (9.17/10⭐)

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Dogecoin is a cryptocurrency that was created in December 2013. It's fun, fast and got their own blockchain called Dogechain. There is no limit to how many Dogecoins can be produced. Dogecoin is a form of digital online entertainment that combines some interesting elements such as internet memes and new technologies such as the blockchain. This new digital currency is specifically targeted at a massive audience who wants to send money over the internet.

Visitor Consensus on Dogecoin Today
Positive: 53.13%Negative: 46.87%
What's your view on Dogecoin today?
›› Buy/Sell Dogecoin here


Dogecoin was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia. It has been described as "the internet currency" because it's based on the Internet community and also uses similar design strategies for community-based users. According to Elon Musk, Dogecoin is the people's crypto.


A Bit About Dogecoin

Dogecoin (DOGE) is a type of peer-to-peer open-source digital coin. It is used as an altcoin, but some also refer to it as a sarcastic meme coin. Dogecoin was launched in 2013 and has the image of Shiba Inu as the logo. Although the coin was created as a joke, to date, it still has some merit, which is why it’s worth talking about in this piece. Dogecoin’s primary technology is derived from Litecoin. The main reasons this coin remains relevant to date are its unlimited supply and extremely low price. Most traders and loyal supporters use Dogecoin as a tipping currency, more so for social media content. If you would like to learn more about cryptocurrency and its relevancy in today’s market, you have come to the right place.

Dogecoin is the people's crypto.CryptoLists.com

DogeCoin is a decentralized, peer-to-peer digital currency. It allows users to send money online without going through a bank or clearinghouse. Transactions are much faster and do not have the same processing fees as those involved in using credit cards or PayPal, for example. DogeCoin is based on the same technologies as Bitcoin. This particular digital currency uses two areas called blockchains. The blockchain is used to record all transactions that take place across the network. The second area that DogeCoin uses is a public ledger to ensure that all units of this cryptocurrency are accounted for and prevent counterfeiting. DogeCoin is a peer-to-peer currency that works on the honor system. This means that users are responsible for providing the correct receiving wallet address to transfer coins too. Transactions cannot be reversed or refunded; therefore, it is important to take extra care when sending DogeCoins over the internet.


Utility of Dogecoin?

Despite being started as a joke, DOGE is currently one of the most popular tokens in the world of crypto. It also makes it possible for potential investors to understand volatility and to make their first move into crypto.

You should care about Dogecoin because it’s very popular thanks to its meme. Currently, the coin has 2.2 million subreddit subscribers on its page, and the number keeps growing by the day. It has been endorsed by popular names like Elon Musk and hip-hop superstar Snoop Dogg.

Due to crypto’s speculative nature, DOGE has many users because they believe it’ll have a higher value in the future, which is very true.

The other reason you should care about DOGE is that it’s easy to use and doesn’t attract hefty transaction fees. You can use it to tip customers whenever you want without facing major financial hiccups. Dogecoin is also the best point to start as a crypto novice. Its simplicity in nature and ease of use makes it a great option as you look to get your feet wet in the world of cryptocurrency.

Dogecoin Price details

BSC Contract address: 0xba2ae424d960c26247dd6c32edc70b295c744c43
›› Details & Tokenomics

Advantages of Dogecoin

+ A huge community of Dogecoin fans and Elon Musk is one of them.
+ Musk says Dogecoin is better for purchases than Bitcoin.
+ Most people love dogs.


- Doge lacks any real competitive advantage; it's mainly a meme coin.
- Higher volatility than many other cryptocurrencies.
- There is no limit on Dogecoin's market cap.
- Doge have limited technical support.


▪ Rated at 9/10

DogeCoin is one of the few digital currencies that have no limit to their production. At present, there are over 100 billion Dogecoins available to users.

One implication of having no limit on the total number of Dogecoin is that inflation could become a problem in future years if this digital currency becomes widely used. Currently, the transaction fees cost around $0.65.


Reputation and Buzz

▪ Reputation rated at 10/10
▪ Buzz rated at 9/10

DogeCoin is famous across the world for its use of casual humor. Since 2013, Doge has been referenced in many areas of internet culture. This is an interesting marketing strategy that will help introduce new people to DogeCoin and add some fun to the process.

As DogeCoin has grown in value, it has also become more widely used. For example, Dogecoin sponsored NASCAR racer Josh Wise, who drove his Doge decorated race car at Talladega Superspeedway in May 2014.



What blockchain does Dogecoin use?

Just like BTC and other cryptocurrencies, Dogecoin leverages blockchain. It should, however, be noted that Dogecoin uses ETH Blockchain as it doesn’t have a native blockchain. This blockchain was crafted by Jackson Palmer and Billy Markus; they’re both software engineers. They jokingly decided to come up with a payment system, not knowing that it would later become one of the greatest things in the world of cryptocurrencies.

After the successful creation of Dogecoin, it did not gain a massive following until 2017. It took part in the cryptocurrency bubble, so it sent up the values of several coins. However, the currency lost a significant amount of its value in 2018, following the bubble burst. Nevertheless, it still has a massive following, and most of its users utilize the coin on Reddit and Twitter.

What is the highest value Dogecoin ever had?

Despite being relatively new in the market, DOGE has made history in the financial world. For instance, it hit its highest value on 5/7/2021, when it was worth 0.68 USD, before going down again.

Where Can I Spend Dogecoin?

Feel free to spend your coin with any online or offline dealer who decides to accept it, and there’re many of them out there. For instance, Ellon Musk’s SpaceX accepts the coin, as well as the Dallas Mavericks. You can do your homework and find many more.

Is Dogecoin Safe?

Just like many other cryptocurrencies, DOGE uses blockchain technology. This kind of technology is difficult, though not entirely impossible to hack. Thus, it’s accurate to state that Dogecoin is a safe digital coin that you should feel free to use.

›› Trade Dogecoin here›› Buy/Sell Dogecoin here

Screenshots from Dogecoin

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More sites where to buy/sell/trade Dogecoin

Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin. Click on the logo to read our review.
›› Buy Dogecoin at eToro
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
›› Buy Dogecoin at AvaTrade
Never speculate with money which you can not afford to loose. Cryptocurrencies exhibit significant volatility and remain largely unregulated within numerous European Union nations. They are not covered by European Union protections and do not fall under the purview of the EU's regulatory framework. Please be aware that investments in this sector are prone to market risks, which may include the total loss of the invested principal.
›› Buy Dogecoin at CEX
Remember to never risk money that you can not afford to loose. Crypto currencies is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Dogecoin details and tokenomics

Dogecoin Ticker: DOGE
BSC Contract address: 0xba2ae424d960c26247dd6c32edc70b295c744c43
Type of crypto: native-coin
Launch/ICO Date: December 13, 2013
Circulating supply: 132,599,996,416
Resources & Social media

Other tokens or coins to check out

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Dogecoin Newsflash
    Has Doge's 'meme Bitcoin' status saved it from SEC scrutiny?Has Doge's 'meme Bitcoin' status saved it from SEC scrutiny?
    Sunday, 23 Apr 2023 8:00 am
    When the crypto community conjures up thoughts of meme coins, there's always one that comes to mind first. That's right: Dogecoin (DOGE). And, in the light of the SEC's clampdown on crypto, and the back and forth around Ethereum's 'security or not' status, this could be a blessing. Leading Dogecoin Foundation executive Marshall Hyner believes that Doge's meme coin status as a "joke competiton" to Bitcoin may save it from scrutiny as it's genuinely decentralized and not a so-called decentralized coin 'run by decentralized entities'. In other news, Hyner he now believes that the coin could break into the top three because the meme "cannot be stopped". Let's wait and see. If you'd like to buy Dogecoin, sign up for Skilling now and see where the power...
    Read the full newsflash

    No plans for Dogecoin to shift to proof-of-stake consensusNo plans for Dogecoin to shift to proof-of-stake consensus
    Saturday, 31 Dec 2022 3:15 pm
    The team behind Dogecoin (DOGE) have again reiterated their desire to remain as a proof of work coin and not follow other projects down the proof of stake route...
    Read the full newsflash

    Dogecoin trades top among whales after Musk Xmas tweetDogecoin trades top among whales after Musk Xmas tweet
    Monday, 26 Dec 2022 12:52 pm
    The crypto market hasn't been great in December, with a general downward trend. However, a recent tweet by Twitter owner Elon Musk has sent Dogecoin (DOGE) on a small relief rally...
    Read the full newsflash

    Dogecoin rises amid Twitter payment option rumorsDogecoin rises amid Twitter payment option rumors
    Wednesday, 30 Nov 2022 6:27 am
    In exciting news for fans of the famous dog-themed meme coin, DOGE is up around 31% this week amid speculation that Elon Musk will implement it on Twitter.com as it sprimary crypto payment options. Since Musk's purchase of the social media platform, speculation has been rife that he'll help to normalize crypto in the mainstream by pushing it to be used alongside fiat currency on the bird app. Want to buy DOGE? Sign up for eToro now!...
    Read the full newsflash

    Which altcoins profited most this 'Uptober'?Which altcoins profited most this 'Uptober'?
    Wednesday, 2 Nov 2022 8:33 am
    With a recent pump at the end of October, we saw Bitcoin (BTC) and rally. However, the biggest winners were arguably altcoins. But which saw the biggest gains? The clear front runner is Dogecoin, which pumped hard following news of Elon Musk's Twitter takeover. In second place with a 98% boost was Huobi Token, the native coin of the famous exchange. Want to get in on the hype? Try Capital for crypto trading today!...
    Read the full newsflash

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