Cryptocurrency

Dogecoin (DOGE) price today

Dogecoin is the oldest meme cryptocurrency in the market: it began as a parody in 2013 and became a payment network sustained by a large, active community.

Dogecoin price now

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Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Dogecoin?

Dogecoin was created in December 2013 by engineers Billy Markus and Jackson Palmer as a joke based on the Shiba Inu dog meme. There was no initial sale and no venture funding.

Its code derives from Litecoin. The project is maintained by volunteers and the Dogecoin Foundation, with no company behind it.

How Dogecoin works

The network uses proof of work with the Scrypt algorithm and produces one block per minute. Since 2014 it has been mined together with Litecoin (merged mining), which strengthens network security.

Each block issues 10,000 DOGE, with no supply cap. That adds about 5 billion units per year, an inflation rate that falls in percentage terms as total supply grows.

What DOGE is used for

  • Small payments and tipping between users online.
  • Speculative trading, heavily influenced by social media.
  • A means of payment accepted by some merchants.

Risks and points of attention

  • Price is highly sensitive to statements by public figures and to social media trends.
  • Uncapped supply: continuous issuance pressures the price if demand does not keep up.
  • Slower development and a smaller application ecosystem than other networks.
  • Large balances concentrated in a few addresses.

Key facts

SymbolDOGE
Asset typeCryptocurrency
Launch2013
NetworkOwn blockchain (Dogecoin)
Consensus mechanismProof of Work
Hashing algorithmScrypt
Maximum supplyNo cap: about 5 billion new DOGE per year

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Dogecoin

Does Dogecoin have a maximum supply?

No. The network issues 10,000 DOGE per block indefinitely, about 5 billion per year.

Who created Dogecoin?

Billy Markus and Jackson Palmer, in December 2013. Both left the project, which is now maintained by volunteers and the Dogecoin Foundation.

Why is the Dogecoin price so volatile?

Because demand is closely tied to social media attention and comments from influential people, more than to revenue or network usage.

Where does the Dogecoin price on this page come from?

The panel shows the DOGE price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.