Dogecoin (DOGE)
Fact sheet · reviewed October 26, 2026
Dogecoin is a cryptocurrency created in December 2013 as a joke based on the "Doge" meme. It became one of the most widely held coins, helped by a loyal community and posts from Elon Musk. It has no maximum supply.
Key facts
| Launched | December 2013 |
|---|---|
| Created by | Billy Markus and Jackson Palmer |
| How it's secured | Proof of work (Scrypt), merge-mined with Litecoin |
| Supply | No maximum; 10,000 new DOGE per block |
| New blocks | About every minute |
| Ways to invest besides coins | US Dogecoin ETPs since November 2025 |
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What it's used for
Tipping, small payments and, above all, trading. It's the original meme coin.
Risks to know
- Its price moves heavily on social media and celebrity posts.
- Unlimited supply means about 5 billion new DOGE are created every year.
- Fake "Dogecoin giveaway" scams using celebrity videos are common.
Buying and storing it
If you decide to buy, use a regulated exchange you reach directly, check fees with the true cost calculator, and store long-term holdings in a wallet you control. Read how to buy crypto safely. This page isn't a recommendation to buy.
Questions
Is Dogecoin a real cryptocurrency?
Yes. It started as a joke but runs on its own proof-of-work blockchain.
Where to next
Sources
Facts checked against the sources listed, as of October 26, 2026. Educational only; not financial advice.