Dogecoin (DOGE): comparison of prices, exchange rates, exchanges, P2P

Against the backdrop of the active growth of the DOGE cryptocurrency, the editors of Profinvestment.com decided to talk about the best dogecoin exchanges where you can purchase this coin in 2022. There are quite a few such sites, from the most popular to little-known services. Exchanges differ from each other in the level of commissions, user requirements, the availability of certain types of trading orders, and additional trading and investment functionality. Let's look at the sites where it is most convenient to purchase DOGE today.

Dogecoin (DOGE) basic data:

type: Cryptocurrency
algorithm: PoW
capitalization: $22 821 129 407
market position: #12
overall volume: ∞
in circulation: 132 670 764 299
mines
DOGE/USD : $0.17 | DOGE/EUR : €0.15

Dogecoin is a Cryptocurrency, a network supported by a PoW (a system based on a technology such as mining) algorithm. The first version was developed by Billy Markus of AU and first released on December 8th, 2013. Dogecoin is intended to serve the Meme market, among its main uses. The official Dogecoin website is https://dogecoin.com.

As of today, January 13th, 2022, of the total available ∞ DOGE, 132,670,764,299 are in circulation. It is now possible to mine dogecoins. The total market capitalization of dogecoin is $22,821,129,407, ranking (by capitalization) among other cryptocurrencies is #12. The current market rate for 1 DOGE is $0.17 USD; translated into the national currency of the country Germany, the rate is 0.15 EUR per 1 DOGE.

Dogecoin was created as a joke, but as a result it has become a popular cryptocurrency. “Doge” is a Shiba Inu dog, the hero of an Internet meme that became popular in 2013. The developer of Dogecoin, programmer Billy Markus from Portland, Australia, decided to use the meme to create a funny cryptocurrency that could become interesting to more people. circle of users than “very serious” cryptocurrencies ; Another Australian named Jackson Palmer, doing marketing for Adobe in Sydney, created a website and the DOGE story began. Unlike other popular cryptocurrencies, which introduced new technologies such as smart contracts, anonymous payments, instant money transfers, etc. etc., Dogecoin has become known for its fun and caring community. The famous phrase “to the moon!” (“to the moon!”) comes from here, DOGE became the first Shiba in space.

From the first days after its launch, DOGE was widely used as a means of payment to reward users and raise funds for charity: community members rewarded each other for interesting and funny content and raised funds for good causes. DOGE helped the Jamaican bobsled team compete in the 2014 Sochi Olympics (the team couldn't afford it), raised money to build water wells in Kenya, sponsored a NASCAR driver named John Wise, and so on. On the technical side, Dogecoin is based on the Litecoin software and has almost the same characteristics. Unlike deflationary (with a limited number of coins in circulation) LTC, DOGE is an inflationary coin. Although the total number of coins was initially limited to 100 billion, in February 2014 the limit was removed and the total number of coins became unlimited (indefinitely).

Dogecoin initially used the Luckycoin (“lucky coin”) cryptocurrency algorithm with a random reward for miners (when someone generates a new block, the reward size is determined randomly), but later abandoned this and introduced a fixed reward.

Is it worth buying Dogecoin?

Like other cryptocurrencies, Dogecoin is governed by the free market; thus, at any given time, it is worth whatever people are willing to pay for it. Why has the joke dog coin increased by 2000% three times since 2022? Obviously, the value of this cryptocurrency depends on “cultural value” and crowd passion, and not on any technological advantages.

DOGE's market capitalization now exceeds $38 billion, a level that surprises many serious investors for a simple meme created as a joke. It is important that Dogecoin had a significant impact on the introduction of cryptocurrencies in general - thanks to it, many people heard about the cryptosphere for the first time and began to invest in it.

In the case of dogecoin, it is difficult to say what the price level will be at a given point in time, because the rate does not depend on the introduction of new functions or acceptance as a means of payment by any service (although this also depends on this), but on the mood of the crowd and influencer behavior. As soon as Elon Musk posts a tweet about Dogecoin, it skyrockets by hundreds of percent. This makes forecasts difficult, but most experts are inclined to believe that the coin has a chance of reaching $1 by the end of 2022, although it is more likely that the rate will remain at the level of 14 to 40 cents.

Where to buy DOGE

Looking for the best place to buy dogecoins? We think so! Our exchange price comparison platform will help you in your search, although the easiest way is to see the best deals right now @ ExchangeRates.Pro, if you want, you can compare yourself. Let us show you which banks and payment systems you can use to buy and sell DOGE, depending on your location and preferences.

Where can you buy DOGE in Germany

At the moment, there are 9 offers available for purchasing Dogecoin in Germany . Our platform collects statistics on the popularity of banks in different countries and payment systems. Usually, the most popular = the most convenient (well, or close to it). Otherwise, why would they have become so popular? You can choose any of these right now, you are welcome:

SOFORT (Klarna) in EUR: payments to local banks. Suggested 1 time
GiroPay in EUR: payments by local banks. Suggested 1 time
Visa & Mastercard in EUR, although it can be used in any currency: payments by Credit/Debit cards. Global payment system available all over the world. Suggested 5 times
CASHlib in EUR: payments via Prepaid Cards. In addition, payment from other countries is possible. Suggested 1 time
Zimpler in EUR: payments via Mobile. payments. In addition, payment from other countries is possible. Suggested 1 time

Buy DOGE now

The most profitable, reliable, fastest ways to buy doge in the world

We compared a large number of options to find the best ones. We currently have 23 ways to buy dogecoin available worldwide. Enough for choice, right? Please note that not all of these offers can be paid via Euro; those that are exactly suitable for your location are listed a little higher. The most popular ways to purchase DOGE crypto:

Visa & Mastercard in USD This is actually a multi-currency option, you are asked to pay using Credit/Debit cards. This method of sending funds works worldwide. Germany, Netherlands, Austria, Poland, Belgium, Czechia, Switzerland, France, Denmark, etc. presented. Offered by 6 sellers
Skrill in USD You are asked to pay using e-wallet. This method of sending funds works worldwide. Germany, Netherlands, Switzerland, Luxembourg, Austria, Czechia, Belgium, Poland, Denmark, etc. presented. Offered by 1 sellers
SEPA Transfer in EUR from 46 countries: You are asked to pay using International Transfers. The system supports various currencies. Offered by 4 sellers
SWIFT Transfer in USD This is actually a multi-currency option, you are asked to pay using International Transfers. This method of sending funds works worldwide. Germany, Switzerland, Austria, Luxembourg, Denmark, Czechia, France, Netherlands, Belgium, etc. presented. Offered by 3 sellers
SWIFT Transfer in EUR This is actually a multi-currency option, you are asked to pay using International Transfers. This method of sending funds works worldwide. Germany, Netherlands, Austria, Denmark, Czechia, Poland, Belgium, France, Luxembourg, etc. presented. Offered by 3 sellers
Advanced Cash in USD is an international payment system. This method of sending funds works worldwide. Germany, Luxembourg, Austria, Netherlands, Czechia, France, Belgium, Poland, Switzerland, etc. presented. Offered by 2 sellers
Advanced Cash in EUR is an international payment system. This method of sending funds works worldwide. Germany, Switzerland, France, Denmark, Luxembourg, Austria, Poland, Czechia, Belgium, etc. presented. Offered by 1 sellers
Etana in EUR from 217 countries: international payment system. The system supports various currencies. Offered by 1 sellers
Epay in USD is an international payment system. This method of sending funds works worldwide. Germany, Denmark, Czechia, France, Poland, Austria, Luxembourg, Switzerland, Belgium, etc. presented. Offered by 1 sellers
Payeer in USD is an international payment system. This method of sending funds works worldwide. Germany, Switzerland, France, Luxembourg, Czechia, Poland, Austria, Belgium, Netherlands, etc. presented. Offered by 1 sellers

Buy dogecoins

Why is Dogecoin popular?

The initial popularity of Dogecoin was ensured by a bold idea, the popularity of the Shiba Inu meme, the hype around cryptocurrencies, and the philanthropic activities of the DOGE community - all this fueled interest in the project.

Another major factor in Dogecoin's global popularity in recent years is the growing list of celebrities who have expressed their support for the coin. In addition to Elon Musk, DOGE was mentioned by actor Carole Baskin, Kiss vocalist Gene Simmons, bodybuilder Kai Greene, porn actress Mia Khalifa and American rappers Snoop Dogg and Lil Yachty and many others. Supporting DOGE has become something of a meme.

Of course, the most prominent PR man for Dogecoin remains Tesla CEO and one of the richest people in the world, Elon Musk. He has 51.3 million Twitter followers and regularly promotes Dogecoin to them. The ability of the head of Tesla and SpaceX to influence the crypto market through posts on social networks has even been called the “Musk effect.”

Thus, in April 2022, the entrepreneur named DOGE his favorite cryptocurrency. In March 2022, Musk again declared DOGE to be the best coin, and in July he declared its success was inevitable. At the end of 2020, the entrepreneur continued to tweet about DOGE, which rocked the price of the coin. He even jokingly commented that Dogecoin could one day become the official currency of Mars.

During the DOGE pump by WallStreetBets users in January 2021, Musk added fuel to this rocket by publishing the cover of the defunct Dogue magazine and calling DOGE "the people's cryptocurrency." Now Musk also continues to mention the coin on his Twitter.

“DOGE is barking at the moon ,” Elon Musk hints at the coin’s rally.

Doge Barking at the Moon pic.twitter.com/QFB81D7zOL
— Elon Musk (@elonmusk) April 15, 2021
Read also: What is a Qiwi wallet: how to open, set up a profile, deposit and withdraw funds

Where to sell DOGE

Even the most famous DOGE HODL GANG participants are sometimes forced to withdraw some of their precious coins. This is normal, we all do this sometimes and we will help you with it! We're sure you want to find the seller who will give the highest price, and these are available on our platform - take a look at ExchangeRates.Pro now and see where the best rate for selling dogecoins to Euro and 152 other fiat currencies is! There are many ways to exchange your coins for cash, we will list the most popular ones below.

Where can I sell DOGE in Germany

There are currently 2 options available on how to cash out your dogecoin coins in DE . You are probably withdrawing from crypto to pay for some of your local expenses, shopping, etc. It would be logical to choose the safest and most convenient option - your preferred bank, a convenient payment system, or cash in your city. We have compiled a list of the most popular methods that other crypto users from Germany prefer to exchange dogecoin to fiat:

Visa & Mastercard in EUR, works with several currencies: You will receive money using the Credit/debit card system. It is also possible to transfer money abroad. Be careful when accepting such payments on P2P sites! This payment method can be canceled after the transfer! Available in 2 cases

Sell doge

The easiest, fastest and safest ways to sell DOGE in the world

Sometimes you may need to transfer funds to another country. If you have DOGE in hand, it would be logical to exchange some coins for the local currency of the desired country. We cannot know where you want to send money, so we will only show the most popular banks and payment systems around the world where you can send a transfer. There are currently 19 ways to cash doge into fiat; The most commonly used banks, money transfer operators and global payment systems are:

Visa & Mastercard in USD, can also be used in any other currency; to any country in the world, including Germany, Belgium, Austria, Netherlands: money will be sent via Credit/debit cards. You can send the translation wherever you want! Be careful with this payment system! There are risks of accepting such transfers on P2P marketplaces. The buyer of coins can cancel the payment after you send the DOGE! Offered 2 times
Skrill in USD to any country in the world, including Germany, Netherlands, France, Poland: money will be sent via e-wallet. You can send the translation wherever you want! Offered 1 time
SEPA Transfer to EUR in 46 countries: money will be sent via International Transfers. Offered 5 times
SWIFT Transfer in USD, can also be used in any other currency; to any country in the world, including Germany, Netherlands, Poland, Luxembourg: money will be sent via International transfers. You can send the translation wherever you want! Offered 3 times
SWIFT Transfer in EUR, can also be used in any other currency; to any country in the world, including Germany, Poland, France, Belgium: money will be sent via International transfers. You can send the translation wherever you want! Offered 2 times
Advanced Cash in EUR to any country in the world, including Germany, Belgium, Austria, Czechia: a global payment method. You can send the translation wherever you want! Offered 2 times
Advanced Cash in USD to any country in the world, including Germany, Belgium, Denmark, Switzerland: global payment method. You can send the translation wherever you want! Offered 2 times
Epay in USD to any country in the world, including Germany, Switzerland, Netherlands, Luxembourg: global payment method. You can send the translation wherever you want! Offered 1 time
Etana to EUR in 217 countries: a global payment method. Offered 1 time

Withdraw dogecoins

How did Dogecoin develop?

Since 2014, little has changed in the Dogecoin ecosystem. Work on the coin code practically stopped and was supported only by volunteers. In 2022, the Dogethereum hard fork was supposed to take place on the network, which would combine the Dogecoin and Ethereum blockchains. But this initiative was not developed.

In April 2015, Jackson Palmer announced that he was taking “an extended leave” from the crypto community, which he felt had become too “toxic.” Rumors began to appear that the project would soon be closed. But Dogecoin continued to live, largely thanks to the active community around the project.

Gradually, the hype around Dogecoin died down, but the DOGE community remained. Technologically, the coin had nothing to offer users. No one then perceived DOGE as an investment. People did not hold the coin long-term and did not purchase it on a large scale. They exchanged coins freely, without fear that they would be worth something over time.

Therefore, DOGE was mainly used for tips, collecting donations, transfers and airdrops - free distribution of coins. DOGE was also in demand by traders who used the coin to transfer money with a minimum commission.

Where to change DOGE

Did you know that it is possible to exchange DOGE into 44 other cryptocurrencies ? It is possible to convert Dogecoin from/to 90% of the total number of crypto coins supported by @ ExchangeRates.Pro. Some of them are really worthwhile (we have a fairly strict selection of coins and tokens to add), so we have prepared a list of conversion options for you. There are a total of 262 options available to exchange DOGE for other coins and tokens. Exchanges between cryptocurrencies are easy, fast and profitable when you use our service, don't worry! We suggest you look at all the best exchange rates for DOGE to other cryptocurrencies @ ExchangeRates.Pro right now or start with an overview of the most popular exchange directions:

Bitcoin (BTC) : is a Cryptocurrency. There are 37 offers available (17 allow you to exchange from BTC to DOGE and 20 allow exchanges in the opposite direction.
Tether (USDT) : This is a Stablecoin. There are 12 offers available (6 allow you to exchange from DOGE to USDT and 6 allow exchanges in the opposite direction.
USD Coin (USDC) : This is a Stablecoin. There are 8 offers available (4 allow you to exchange from DOGE to USDC and 4 allow exchanges in the opposite direction.
Litecoin (LTC) : is a Cryptocurrency. There are 8 offers available (4 allow you to exchange from DOGE to LTC and 4 allow exchanges in the opposite direction.
0x (ZRX) : This is a Token. There are 8 offers available (4 allow you to exchange from DOGE to ZRX and 4 allow exchanges in the opposite direction.
Chainlink (LINK) : This is a Token. There are 8 offers available (4 allow you to exchange from DOGE to LINK and 4 allow exchanges in the opposite direction.
Stellar (XLM) : is a Cryptocurrency. There are 8 offers available (4 allow you to exchange from DOGE to XLM and 4 allow exchanges in the opposite direction.
Ether (ETH) : This is a Cryptocurrency. There are 8 offers available (4 allow you to exchange from DOGE to ETH and 4 allow exchanges in the opposite direction.
Uniswap (UNI) : This is a Token. There are 8 offers available (4 allow you to exchange from DOGE to UNI and 4 allow exchanges in the opposite direction.
Cardano (ADA) : is a Cryptocurrency. There are 8 offers available (4 allow you to exchange from ADA to DOGE and 4 allow exchanges in the opposite direction.

Exchange DOGE

Dogecoin to US Dollar exchange service created for your convenience.

EXMO is a reliable cryptocurrency exchange with a high level of security of funds and data and the fastest technical support that responds within 15 minutes 24/7. Taking care of the client is the main priority of the EXMO team.

The EXMO platform, where you can exchange DOGE for USD, was founded in 2013 and has offices in London, Kyiv, Istanbul and Moscow. EXMO is one of the largest exchanges in Europe in terms of traffic, DOGE trading volume and liquidity.

The platform's easy-to-use interface will be convenient for both beginners and professional traders. The platform uses TradingView charts , which contain all the tools and data a trader needs for technical analysis when trading Dogecoin or US Dollar.

Cryptocurrencies with similar characteristics that can bypass Dogecoin:

Litecoin (LTC)

position: #22
type: Cryptocurrency

complete profile

Bitcoin Cash (BCH)

position: #27
type: Cryptocurrency

complete profile

Ether Classic (ETC)

position: #43
type: Cryptocurrency

complete profile

Monero (XMR)

position: #46
type: Cryptocurrency

complete profile

Dogecoin rally could cost the crypto market dearly

Mostly, DOGE price increases and sudden rallies are the result of hype and speculation rather than fundamental factors. The value of the coin is based mainly on the enthusiasm of traders. The project has neither a permanent technical team nor a road map.

Dogecoin is the ideal coin for speculators. It is cheap, popular, users are accustomed to its pumps and see that in the long term the price of the coin is growing, and price maximums are updated all the time. As a result, DOGE is an excellent target for pumping and inflating a bubble.

But we must understand that this kind of pump has a negative impact on the crypto sector. They turn the market into a casino, increase asset volatility and discredit cryptocurrencies for those who are not prepared for wild price surges. Pumps are only good for those who are willing to take risks and the possibility of losing everything. Dogecoin's price swing may become contagious but a bad example, and the situation will be repeated with other coins.

The crypto community understands that pumps and groundless missiles must be fought. Recently, a Reddit user posted an appeal to Elon Musk, in which he called on the entrepreneur to take a more responsible approach to tweets supporting DOGE. Otherwise, Musk could fuel the bubble and hurt a lot of people when it bursts, which would have a negative impact on the entire crypto market. After all, newcomers who have recently come to the market “have no idea how strong the volatility can be, especially for a coin like DOGE. They don't know what to do, they don't have an exit strategy. They just see green [price increase], +200% and Musk's tweets. They will lose money, blame cryptocurrencies for everything and consider them a scam.”

Charles Hoskinson, the creator of the Cardano coin, also believes that the current DOGE rally is a bubble that will soon burst, and as a result, many people will lose their money. This will attract the attention of regulators and harm the entire market: legislation will become much stricter, and there will be less space for freedom.

Hoskinson also notes that DOGE has no real use, the coin is almost never used anywhere, and the simple ability to make transfers is not enough in 2022, when other projects are launching smart contracts and other functionality. Hoskinson emphasizes that Elon Musk personally plays a huge role in the coin pump, who, thanks to his jokes, manipulates the market.

Doge cryptocurrency: areas of application

Despite the fact that cryptocurrency was originally intended as a joke, today it is being used in practice. First of all, some traders use doge during the exchange process to withdraw funds from cryptocurrency exchanges . Performing such transactions in Bitcoin costs much more and may take longer.

Some investors use the doge cryptocurrency for speculation purposes. Due to the low cost of one coin, even a slight increase in price with large trading turnovers allows the trader to make a significant profit.

Doge cryptocurrency is accepted by some services as payment for goods and services. In particular, Shapeshift works with dogecoins .

In the recent past, the doge cryptocurrency has been actively used for fundraising. The first case dates back to 2014. The community then began raising funds for the Jamaican bobsled team, which qualified for the Sochi Games but was unable to attend due to financial difficulties. On the second day, $36,000 was raised and the value of doga against Bitcoin increased by 50%.

After initial success, the community began fundraising to build a well in the Tana River Basin, Kenya, in collaboration with Charity Water. In total, we managed to raise $30,000 by World Water Day (March 22).

Finally, in 2014, the community raised nearly $55,000 for NASCAR driver Josh Wise.

Doge earning faucets

You can earn doge cryptocurrency not only through mining, but also through special faucets. In terms of the number of such sites, Dogi is almost in second place after Bitcoin.

The essence of earning money is that the user needs to perform some simple tasks such as visiting specified pages, viewing advertisements, entering captcha. As a reward, the faucet pays out a certain amount of doge (most often from 0.1 units).

The most popular faucets are Moondoge, FreeDoge, 777Doge, Dogefaucet and others. The advantage of working with such sites is the possibility of making a profit without investment and professional skills. However, it is necessary to carefully monitor the operation of each site, as they quickly stop functioning and paying out funds.

Do you use doge cryptocurrency? And what are its prospects, in your opinion? Write what you think about this in the comments to the post.