Cryptocurrency

Dogecoin Price Continues Decline in a Week, Here's Its Performance

Pakistan to Ban Cryptocurrency-Related Online Services

Viral on TikTok, SUPERKIND K-Pop Group Combines Real and Virtual AI-Based Members

Jose Mourinho Reportedly Exploring Negotiations to Become PSG Coach

For Mourinho, AS Roma have theoretically won the Europa League this season

Due to Unclear Crypto Regulations in the US, Coinbase Sues

South Korean Politician Quits Party Due to Involved in Crypto Scandal

Published

1 month ago

March 21, 2024

Stephen Douglas

Table of Contents

Follow Us @

Dogecoin Price Continues Decline in a Week, Here's Its Performance

Liputan6.com, Jakarta – Dogecoin (DOGE) is a cryptocurrency based on the popular Internet meme “doge” and features the Shiba Inu dog in its logo. Dogecoin is the largest cryptocurrency meme coin in the world.

Reporting from Coinmarketcap, this open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013.

Dogecoin's creators envisioned it as a fun, light cryptocurrency that would have greater appeal. Bitcoin's core audience, as it is based on dog memes.

Dogecoin is one of the top cryptocurrencies based on its market capitalization and is the most popular meme coin in the world. As one of the cryptocurrencies that many investors are interested in, DOGE price movements are often observed.

Based on data from Coinmarketcap, Wednesday (20/3/2024) Dogecoin weakened 6.73 percent in the last 24 hours and 26.12 percent in a week. The price of Dogecoin is currently at the level of IDR 2,005 with a trading volume in the last 24 hours of IDR 45.6 trillion.

YOU MAY HAVE MISSED:

The US Judicial Council Arrests Actors Allegedly Stealing IDR 136.2 Billion in Crypto

Meanwhile, the current Coinmarketcap ranking is 10. Dogecoin has a market capitalization of around IDR 287.2 trillion. To date, there has been a circulating supply of 132.6 billion Dogecoins out of which the maximum supply is not available.

Uses of Dogecoin

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. Users can earn Dogecoin tips by participating in communities that use the digital currency, or you can earn Dogecoin from Dogecoin faucets.

Dogecoin Faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so you can start interacting in the Dogecoin community.

Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.