Dogecoin DOGE

On 2023-06-09 the current Dogecoin price/exchange rate is 0.06318 EUR.

Dogecoin (DOGE) - is currently one of the most popular cryptocurrencies inspired by the popular Doge internet "meme".

It is a cryptocurrency based on blockchain technology. Just like other cryptocurrencies, Dogecoin uses the concept of cryptography to process and confirm all transactions.

DOGE can be used for making payments and for storing value. However, Dogecoin was created out of fun, and its value is linked to its popularity on social media. This makes Dogecoin a highly volatile cryptocurrency.

Additionally, the maximum amount of DOGE coins that can be in circulation is not defined, which makes the coin even more volatile.

Thanks to the great popularity on social networks and tweets of Elon Musk, DOGE reached its highest value in May 2021, which was $ 0.7376.

As early as June 2021, the price of Dogecoin dropped to $ 0.32728.

At the moment of writing this text, there are about 130 billion Dogecoins in circulation. The maximum number of DOGE tokens that can be in circulation is not defined. 

Dogecoin creator Jackson Palmer said DOGE has no restrictions on the token supply as this will reduce the token inflation rate.

Dogecoin is most commonly used as part of a content creating reward system on Reddit and Twitter. You can also get Dogecoin by participating in a cryptocurrency community or through the Dogecoin Faucet app. 

It is a place where you can get a certain amount of Dogecoin for free to get better acquainted with how to use the currency and to interact with the community.

Unlike other cryptocurrencies, Dogecoin is not fully decentralized. It is also updated periodically.

Unlike Bitcoin, which uses the Proof-of-Work method for cryptocurrency mining, Dogecoin is mined with the help of (AuxPow) Scrypt technology.

Scrypt technology is much faster than Proof-of-Work and requires less power consumption. This makes it easier to mine Doge even on computers with less power.

Dogecoin can be mined on its own or by teaming up with other miners in a mining pool. You can mine DOGE if you have Windows OS, Linux, using a Mac and graphics cards (GPU). 

Maximum number of tokens that can be in circulation is not defined, there is no final limit to Dogecoin that can be mined.
Since 2014, you can mine Dogecoin in the same way as Litecoin, since both processes are synchronized.

Billy Markus and Jackson Palmer are the founders of Dogecoin. The project was launched in 2013. They envisioned Dogecoin as a fun project that would attract a wider audience in the crypto world. They were inspired by a popular meme with the Shiba-Inu dog, which eventually became the logo of the coin.

On the Bitcoin Store platform, you can easily buy Dogecoin and more than 150 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

On the Bitcoin Store platform, you can easily sell more than 150 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb, Rijeka, and Split.

Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office. The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

You can store Dogecoin in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

Cold Wallets include:

You can also store DOGE on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can: