Meme coin
Dogecoin (DOGE)
DOGEData: Coinbase · updated 9/6/2026, 1:02:17 PM
What Dogecoin does
- Functions as a peer-to-peer payment cryptocurrency
- Commonly used for online tipping and small, low-stakes transactions
- Issues new coins at a fixed rate each year, with no maximum supply cap
- Maintains an active community that drives much of its visibility and adoption
Risks to know
- Unlimited supply means ongoing issuance, unlike capped assets such as Bitcoin
- Originated as a joke, and its value has historically been driven heavily by social media sentiment and celebrity attention
- Core protocol development has been comparatively limited relative to major layer-1 projects
- Price has shown large swings tied to speculative and meme-driven trading
Where to trade DOGE
Top-rated exchanges by CompareCEX Score. Check the exchange's market list for DOGE availability before depositing.
Frequently asked questions
Why was Dogecoin created?
Dogecoin was created in December 2013 by Billy Markus and Jackson Palmer as a lighthearted parody of cryptocurrency hype, using the 'Doge' Shiba Inu meme as its branding. It was forked from Litecoin's code.
Does Dogecoin have a maximum supply?
No. Unlike Bitcoin, Dogecoin has no hard cap on total supply — new coins are issued continuously at a fixed rate each year.
What is Dogecoin mainly used for today?
Dogecoin is used mainly for online tipping, small peer-to-peer payments, and as a widely recognized meme coin, with a community that has kept it active well beyond its original joke origins.
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