When Dogecoin first appeared in 2013, many thought it was a joke. Jackson Palmer and Billy Markus created it as a satirical take on the growth of altcoins by turning doge’s popularity into a cryptocurrency. Though existed as a joke, it has actually proven to be practical, thanks to its large supply and reasonable price, helping the sharing of micro-tipping content on social media to function effectively. By making Dogecoin accessible and appealing to new users, Palmer hopes to shed light on cryptocurrency and spur innovative use.
In keeping with the original dogecoin design, the open-source protocol forked from the lucky coin blockchain, where the dogecoin developers simply copied the lucky coin source code and changed them in accordance with their preferences The Luckycoin fork derives from Litecoin, which is, in turn, a fork of Bitcoin.
On Epicenter, Jackson Palmer discusses why Dogecoin forked Luckycoin, Litecoin, and Bitcoin
C++ was the language used to write Dogecoin, just as it was for bitcoin. Dogecoin website indicates the cryptocurrency is commonly used to reward internet users for creating and sharing digital content. Elon Musk once proclaimed Dogecoin his favorite cryptocurrency. And prior to this, 2018 marked its first year exceeding $1 billion in market capitalization.
The developers of Dogecoin haven’t done much in recent years. Palmer announced his decision in 2015 to take a leave of absence from the cryptocurrency community, by calling it “toxic” and putting forward critiques about it being “dominated by white male” and marred by “buzzwords.” In his absence, a small group of community members developed the protocol.
Dogecoin’s price temporarily jumped from $0.0028 (on 8/7/2020) to $1 due to a video on TikTok encouraging people to invest $25 in crypto. In response to the #TikTokDogecoinChallenge, interest in purchasing dogecoin surged, resulting in an increase of 1,900% in its trading volume. Developers warned people on Twitter after the spike not to buy financial “guarantees” in order to maintain market stability. Over the past few months, the price of assets has returned to near its pre-stupide level.
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The Value of Dogecoin
Dogecoin’s value is controversial, but the question “what is the value of Dogecoin” is debatable. The token is currently used in a very limited number of use cases. Dogecoin is increasingly being accepted as a payment method. However, it still lacks the acceptance necessary for it to substitute for a real currency.
As a store of value, Dogecoin doesn’t seem to be a highly reliable option since long-term trust is normally needed in the coin and the blockchain on which it’s built. The dogecoin protocol is so old that I don’t know if anyone over the last several years has added new functionality or code to it. Despite its popularity, Dogecoin really lacks a development team.
Due to these limitations, the ongoing run-up in dogecoin may just be a speculative bubble. The value of Dogecoin is due to the conviction that other people have about it. Additionally, they assume that someone else is prepared to pay more for it. In case of a mistake, please correct me.
Dogecoin Markets
In June 2021, Dogecoin had a market capitalization of zero. This puts Dogecoin on the world’s sixth-largest list of cryptocurrency projects.
Where Can I Trade Dogecoin |Bbest Dogecoin Exchanges|Can I buy Dogecoin|Popular Dogecoin Exchanges
The following is a list of places where you can buy or trade Dogecoin
Binance
DOGE/USDT$1.07B
OKExDOGE/USDT$439.32M
Binance DOGE/BTC$285.26M
Huobi Global DOGE/USDT$273.48M
XT
DOGE/USDT$219.4M
ZB DOGE/USDT$169.87M
Bitcoin.com Exchange DOGE/USD$125.46M
Bitcoin.com Exchange DOGE/BTC$120.49M
Digifinex DOGE/USDT$94.21M
Paribu
DOGE/TRY$90.08M
Binance US DOGE/USD$79.71M
BiKi DOGE/USDT$79.65M
Kraken
XDG/USD$71.99M
Binance DOGE/BUSD$60.06M
MXC DOGE/USDT$52.68M
BW.com DOGE/USDT $45.43M
Bittrex
DOGE/BTC$16.86M
Kraken XDG/EUR $43.81M
AEX DOGE/CNC$41.65M
Gate.io DOGE/USDT$31.01M
Bitkub DOGE/THB$29.98M
Binance DOGE/EUR$28.62M
XTDOGE/SXC$25.08M
Coinsbit DOGE/USD $20.82M
Indodax DOGE/IDR$17.83M
Kraken XDG/XBT $17.39M
Binance US DOGE/USDT$16.89M
Bitforex DOGE/USDT$14.45M
Binance DOGE/TRY$12.94M
ZB DOGE/QC$12.59M
WazirXDOGE/INR$10.13M
Huobi GlobalDOGE/BTC$9.13M
Bittrex DOGE/USD$7.9M
BitMart DOGE/USDT$7.76M
WhiteBIT DOGE/USDT $6.65M
CoinTiger DOGE/USDT $6.11M
Bittrex DOGE/USDT $5.19M
Nominex
DOGE/USDT $4.79M
CoinEx DOGE/USDT $4.58M
Bitcoin.com Exchange
DOGE/ETH$3.41M
XT DOGE/BTC$3.09M
Huobi Global DOGE/ETH$2.9M
P2PB2B DOGE/USDT $2.65M
Oceanex DOGE/VET$2.53M
BittrexDOGE/ETH$2.46M
BitMaxDOGE/USDT $2.44M
ZBG DOGE/USDT $2.41M
Digifinex DOGE/ETH$2.33M
WazirXDOGE/USDT$2.19M
Huobi Global DOGE/ETH$2.9M
P2PB2B DOGE/USDT $2.65M
Oceanex DOGE/VET$2.53M
Bittrex DOGE/ETH$2.46M
BitMax DOGE/USDT$2.44M
ZBG DOGE/USDT$2.41M
Digifinex DOGE/ETH$2.33M
WazirX DOGE/USDT$2.19M
FTX DOGE/USD$2.03M
NovaDAX DOGE/BRL$1.95M
XT
DOGE/BTC $3.09M
BitMax
DOGE/BTC $1.88M
AEX DOGE/USDT$1.83M
WhiteBIT DOGE/BTC$1.37M
Binance DOGE/AUD$1.22M
Gate.io DOGE/BTC$1.16M
Bibox DOGE/USDT $1.07M
Oceanex DOGE/USDT
$905.21K
FTX DOGE/USDT$878.58K
BinanceDOGE/BRL$840.24K
FTX.us DOGE/USD
$751.37K
LBank DOGE/USDT $740.23K
Hotbit DOGE/USDT
$667.01K
Huobi Global DOGE/HUSD$666.91K
Bitexlive DOGE/BTC
$528.95K
Bitexlive DOGE/USDT$463.64K
BigONE DOGE/USDT $463.3K
ProBit DOGE/BTC$379.7K
ProBit DOGE/KRW$347.24K
ProBit DOGE/USDT$344.6K
Bitpanda Pro DOGE/EUR$317.77K
NovaDAX DOGE/USDT $286.12K
Atomars DOGE/USDT $278.23K
BitBNS DOGE/INR$253.56K
BuyUcoinDOGE/USDT $156.18K
LATOKEN DOGE/USDT $137.49K
Satang Pro DOGE/THB$137.43K
Float SV DOGE/USDT$125.81K
TradeOgre
DOGE/BTC$71K
Mercatox DOGE/BTC $61.32K
OKEx Korea
DOGE/USDT $60.92K
NovaDAX DOGE/BTC $53.47K
CREX24 DOGE/BTC $41.99K
SouthXchange DOGE/BTC $31.51K
FTX.us
DOGE/USDT $24.11K
StakeCube Exchange DOGE/BTC $12.83K
Coinfalcon DOGE/BTC $11K
qTrade DOGE/BTC $10.34K
Graviex DOGE/BTC $8.53K
Bitsten DOGE/USDT$7.85K
BITEXBOOK DOGE/USD $5.79K
BITEXBOOK DOGE/BTC $4.62K
Dove Wallet DOGE/EUR $2.03K
Dove Wallet DOGE/KRW $1.74K
Dove Wallet DOGE/BTC $1.36K
BITEXBOOK DOGE/ETH $982
SouthXchange DOGE/DASH$619
STEX DOGE/LTC $489
SouthXchange PPC/DOGE$35
Dogecoin Price Prediction For 2021
July 2021 $0.3912 $0.3521 $0.4655$0.4088 11%
August 2021 $0.4303 $0.3959 $0.5121$0.4540 10%
September 2021 $0.4174 $0.3631 $0.4925$0.4278-3%
October 2021 $0.4258 $0.3534 $0.4641$0.4087 2%
November 2021 $0.4470 $0.3800 $0.4739 $0.42695%
December 2021$0.4605$0.3776$0.5157$0.4466 3%
Dogecoin Price Prediction For 2022
January 2022 $0.5065 $0.4457 $0.5572$0.501410%
February 2022 $0.4609$0.4287 $0.5070$0.4678 -9%
March 2022 $0.4240 $0.3520 $0.4452$0.3986-8%
April 2022 $0.4537 $0.3993 $0.4855 $0.44247%
May 2022 $0.4310 $0.3578 $0.5043 $0.4310-5%
June 2022 $0.4440 $0.3729 $0.4884 $0.43073%
July 2022 $0.5061 $0.4656$0.5972$0.531414%
August 2022 $0.5365$0.4668 $0.5633 $0.51506%
September 2022 $0.4668 $0.4341 $0.5461$0.4901-13%
October 2022 $0.4854$0.4320 $0.5437$0.4879 4%
November 2022 $0.5291 $0.5027 $0.6244$0.5635 9%
December 2022 $0.5344$0.4756 $0.6306 $0.55311%
Dogecoin Price Prediction For 2023
January 2023 $0.5451 $0.4633 $0.6323$0.5478 2%
February 2023 $0.6214 $0.5282 $0.6835 $0.6059 14%
March 2023 $0.6835 $0.6152$0.7177 $0.6665 10%
April 2023 $0.7519 $0.7068 $0.8722 $0.789510%
May 2023 $0.6617 $0.6286 $0.7278 $0.6782-12%
June 2023 $0.7212$0.6707 $0.8438$0.7573 9%
July 2023 $0.7717 $0.6174$0.9260 $0.77177%
August 2023 $0.8103$0.6725 $0.8670$0.7698 5%
September 2023 $0.8751$0.7088 $0.9451 $0.8270 8%
October 2023 $0.9189 $0.7351 $1.10$0.9189 5%
November 2023 $0.9556 $0.8983 $1.10$0.99864%
December 2023 $0.8218 $0.7150 $0.8711$0.7931-14%
Dogecoin Price Prediction For 2024
January 2024 $0.9205 $0.8376 $1.09 $0.9619 12%
February 2024 $0.9941 $0.9146 $1.13$1.02 8%
March 2024 $1.05 $0.9062$1.13 $1.02 6%
April 2024 $1.07 $0.8921 $1.19 $1.042%
May 2024 $0.9888 $0.8504 $1.18$1.01 -8%
June 2024 $1.09 $0.8919 $1.25 $1.0710%
July 2024 $1.23 $1.01$1.30 $1.1613%
August 2024 $1.09$0.9626$1.16$1.06-11%
September 2024 $1.07$0.8898 $1.19$1.04 -2%
October 2024 $1.08 $0.9637 $1.18 $1.07 1%
November 2024 $1.10$0.9719 $1.27$1.122%
December 2024 $1.21$1.15 $1.42$1.2910%
Dogecoin Price Prediction For 2025
January 2025 $3.74 $3.11 $4.01 $3.56 -14%
February 2025
$3.33$2.83$3.93$3.38 -11%
March 2025 $3.60 $3.42 $4.28 $3.858%
April 2025 $3.78 $3.06$3.97$3.515%
May 2025 $3.59 $3.30 $4.09 $3.70 -5%
June 2025 $3.70 $3.07$4.33$3.70 3%
July 2025 $3.48 $3.06 $3.89 $3.48-6%
August 2025 $3.51$2.81$3.93 $3.371%
September 2025$3.16$2.65$3.63$3.14-10%
CONCLUSION
As volatile as this market is, it is difficult to predict DOGE value. Nevertheless, many platforms have forecast what the token will be worth in their own way, which makes it easy for investors to get a general understanding of what to expect. No professional has reviewed this DOGE forecast, and it should not be relied upon for making any final decisions regarding DOGE! The performance of DOGE in the past doesn’t guarantee its performance in the future!
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