The rise and fall of Dogecoin in 2021

Dogecoin (DOGE), created in 2013, is an open-source cryptocurrency and is considered a meme coin. Dogecoin reached its all-time high of $0.73 on May 8, 2021. Since May 2021, the monthly adjusted closing price has not reached more than $0.3. Currently, the price of one DOGE is not even $0.15.

What is Dogecoin (DOGE)?

Dogecoin (DOGE) was created in December 2013 as an ironic alternative to traditional cryptocurrencies such as Bitcoin or Litecoin. Dogecoin’s name and logo of a Shiba Inu (Japanese dog) are based on a famous Internet MEME. Unlike Bitcoin, which is limited to the number of 21 million Bitcoins, Dogecoin is designed to be inflationary. There are 10,000 new Dogecoins mined every minute. In addition to that, there is no maximum supply.

How do I get Dogecoin (DOGE)?

You can buy Dogecoin or Shiba Inu and other cryptocurrencies on so-called cryptocurrency exchange platforms, like Binance, Kraken or Coinbase.

Table & Chart Data

Source

Survey/Poll by

Published by

Source link

Region

Worldwide

Release date

January 2022

Survey time period

January 08, 2022

Additional Notes

Last updated January 18, 2022. Prices in United States Dollar ($).

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