Dogecoin Price and Chart — DOGEUSD

Overview

DOGEUSD chart

Key facts today

Dogecoin (DOGE) has risen 16%, with analysts noting that breaking the $0.21 resistance may indicate a bullish trend. Currently, DOGE trades near $0.19, struggling to hold $0.20.

Glassnode reports 15% of Dogecoin supply was last moved 6-12 months ago, indicating strong long-term holder conviction. The 3-6 million HODL Wave has increased, hinting at potential break-even exits.

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Key stats

About Dogecoin

Made as a literal joke in 2013 by IBM software engineer Billy Markus and Adobe engineer Jackson Palmer, Dogecoin is now a multi-billion dollar crypto icon… helped partly by ‘Dogefather’ Elon Musk relentlessly tweeting about it for the first half of 2021. The memecoin was conceived via a fork from existing cryptocurrencies Luckycoin and Litecoin, with no hard cap on its supply. Today, apart from deriving value from its meme status, DOGE can be used as a tip on Reddit and Twitter — adding a use case for the token.