Cryptocurrencies > Coins > Dogecoin
Dogecoin (DOGE)
$... +..%
Market Cap: $???,???
Fundamental Crypto Asset Score
- Primarily used for tipping, a small market with emerging competition
- Engaged and enthusiastic community with charitable focus
- Remarkably resilient price
- Fork of Litecoin, with little active development
- No roadmap and little prospect of additional adoption
Dogecoin (DOGE) was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin in 2013. The name and logo are based on a meme. Unlike Bitcoin, which was designed to be scarce, Dogecoin is intentionally abundant — with 10,000 new coins mined every minute and no maximum supply. For most of its existence, Dogecoin (pronounced “dohj coin”) was considered to be an amusing “memecoin” beloved by its community — but with relatively little value. That changed in 2021, when DOGE became one of the larger cryptocurrencies by market cap — with a total value that topped $80 billion in 2021, even though each individual coin is worth pennies.
41
CE-Score (out of 100)
Mar 10, 2022
Ecosystem Structure: 4.2
Token Economics: 4.1
Market Opportunity: 5.5
Core Team: 3.0
Token Performance: 5.5
Roadmap Progress: 3.0
Underlying Technology: 3.5