Dogecoin Price and Chart — DOGEUSD

Overview

DOGEUSD chart

Key facts today

Dogecoin (DOGE) dropped from $0.26 on May 11 due to profit-taking. Traders are watching the $0.21 level for a potential rebound to $0.31 or further declines.

From May 12 to May 19, about 96.52 million Dogecoin (DOGE), worth $22.75 million, will be unlocked, making up 0.06% of the circulating supply amid rising market volatility.

Recent data shows that Dogecoin shorts faced $14 million in liquidations, which is about $3 million less than the losses experienced by PEPE shorts.

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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.