Dogecoin (DOGE)
Payments · Meme coin
Dogecoin began as a joke in December 2013 and became one of the most widely held cryptocurrencies. It is a proof-of-work coin with no supply cap, issuing 10,000 new DOGE per block.
Profile last verified 23 September 2026. Live figures from CoinGecko. Not investment advice.
Dogecoin price chart
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What is Dogecoin?
Created by Billy Markus and Jackson Palmer, Dogecoin is based on Litecoin’s code and uses Scrypt mining. Since 2014 it has been merge-mined with Litecoin, which shares security between the two.
Blocks come about once a minute, and the fixed reward adds roughly 5 billion DOGE a year, so the percentage inflation slowly falls over time.
Key facts
| Ticker | DOGE |
|---|---|
| Type | Payments · Meme coin |
| Launched | December 2013 |
| Consensus | Proof of work (Scrypt, merge-mined with Litecoin) |
| Supply | No cap; a fixed 10,000 DOGE per block (about 5 billion a year). |
| Official site | dogecoin.com |
What DOGE is used for
- Tipping and small payments
- Community and cultural uses
- Speculative trading
Main risks
- Price is driven largely by social media and celebrity attention
- Unlimited supply means ongoing dilution
- Little development activity compared with smart-contract platforms
Related guides
Dogecoin: frequently asked questions
- Does Dogecoin have a maximum supply?
- No. It adds a fixed 10,000 DOGE every block with no end date.
- Is Dogecoin related to Shiba Inu?
- Only by theme. Shiba Inu is a separate token on Ethereum that copied the dog meme; Dogecoin has its own blockchain.
- Can Dogecoin run smart contracts?
- Not in any meaningful way. It is a simple payments chain, similar to Litecoin.