The live Dogecoin price today is $0.18 with a 24-hour trading volume of just over $7 billion. Dogecoin is up 13.16% in the last 24 hours. It began to rise after Elon Musk announced that he would accept it as payment for some goods. If you want to know where to buy Dogecoin, you’ll find out right away!
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What is Dogecoin?
Dogecoin (DOGE) is the original meme coin with a Shiba Inu on its logo. It is an open-source digital currency that appeared as a Litecoin fork in late 2013. It was developed by Billy Markus and Jackson Palmer from Oregon and Australia, respectively. The two introduced Dogecoin as a fun, interesting token and actually created it as a joke, without even suspecting how big it would become. With the support of crypto meme lords like Tesla CEO Elon Musk, it reached the top 10 of the largest coins by market capitalization.
Should I buy Dogecoin today?
Dogecoin has a future. Elon Musk considers it his favorite coin and supports it. On the other hand, Dogecoin tends to fluctuate as much as Musk’s moods.
Dogecoin Price Prediction
According to Trading Beasts, Doge is expected to reach a maximum price of $0.43 next year, more than double its current value. Digitalcoinprice is also bullish and predicts that Dogecoin will change hands for $0.41 by the end of this year. In 2023, the meme coin could trade at around $0.55 and around $0.80 by the end of 2025.
Dogecoin on social media
#Dogecoin skipped $1 & went straight to $27,376,086.47 🚀#doge pic.twitter.com/3z5BWnoklN
– Sir Doge of the Coin (@dogeofficialceo) December 14, 2021