Buy Dogecoin (DOGE)

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Dogecoin DOGE
0,180581 -6,01%
EUR
DOGE
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0,180581 -6,01%

Dogecoin market data

Current price
0,180581
Market cap
27.235.364.494,15
Volume
892.074.865,47
Circulating supply
150.721.786.383,71 DOGE
Trading activity
0% Buy 0% Sell
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What is Dogecoin?

Dogecoin (DOGE) is one of the first and most well-known cryptocurrencies, which actually started out as a joke. The currency is based on the DOGE meme and was launched by Billy Markus and Jackson Palmer. Dogecoin is a peer-to-peer cryptocurrency that was created in 2013 as a parody of Bitcoin. It was designed to solve some of the limitations of traditional financial systems and early crypto such as Bitcoin. Despite its light-hearted beginnings, Dogecoin has a large community.

Dogecoin is open-source and inspired by a popular meme featuring a Shiba Inu, a Japanese dog breed. Thanks to a large online community, Dogecoin is widely traded and often used for memes on social media. In addition, well-known people such as Elon Musk have often paid attention to this crypto in the past. As a result, its popularity has increased enormously in recent years.

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As featured in De Telegraaf FD.nl CoinDesk Businesss insider Nederland MT/Sprout De Tijd

Performance

Dogecoin price is over the last year. The highest price of DOGE in the last year was € and the lowest price of Dogecoin in the last year was €.
1D return
-6,01%
1W return
1M return
1Y return
YTD return
All-time return
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Network information

Buy Dogecoin with your favorite order type

  • Market order

    Buy Dogecoin instantly at the best available price. Ideal for quick and easy purchases.

  • Limit order

    Set your maximum price for Dogecoin. Your order will be executed when your limit price is reached on the market

  • Auto Invest

    Automate your crypto purchases on a daily, weekly, bi-weekly, or monthly basis.

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FAQ

  • How to buy Dogecoin?

    Follow the steps below to easily and securely buy Dogecoin.

    1. Sign up

      Create an account with a reputable crypto platform like Finst.

    2. Deposit EUR

      Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

    3. Start investing

      Buy Dogecoin and securely store it on our platform.

  • Can I automatically invest in Dogecoin on a recurring basis (DCA)?

    Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Dogecoin without any action required or additional fees.

    Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.
  • What fees do I need to pay when buying Dogecoin?

    When you buy Dogecoin through Finst, you benefit from ultra-low trading fees of 0,15% per transaction.

    Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

    It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

    This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.
  • Which order types can I use to buy Dogecoin?

    At Finst, we support several order types to buy Dogecoin: Market Order, Limit Order, and Auto Invest (DCA).

    - With a Market Order, you buy Dogecoin instantly at the best available market price.

    - Do you want to buy Dogecoin at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Dogecoin. Your order will be executed once your limit price is reached on the market.

    - Do you want to invest in Dogecoin without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.
  • Can I use limit order to buy Dogecoin?

    Yes, on our platform, you can easily buy Dogecoin with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Dogecoin reaches your limit price or lower.

    A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.
  • Is it safe to buy Dogecoin?

    Yes, it is safe to buy Dogecoin through Finst. We are authorized as a crypto-asset service provider by the Dutch Authority for the Financial Markets (AFM) (no. 41000015), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
  • Is it legal to buy Dogecoin?

    Yes, buying Dogecoin is legal in Europe. However, we advise you to do your own research before making a purchase.
  • Can I buy Dogecoin anonymously?

    No, due to laws and regulations, it is not possible to buy Dogecoin or other cryptocurrencies anonymously on a regulated crypto platform in Europe.
  • Can I buy Dogecoin with iDEAL?

    Yes, at Finst, you can easily buy Dogecoin with iDEAL. We also support popular payment methods like SEPA and Bancontact.
  • Do you have to buy one Dogecoin?

    At Finst, you can start investing in Dogecoin with as little as €1. For many coins, it is not necessary to buy a whole coin.
  • What are the risks of investing in Dogecoin?

    Investing in cryptocurrencies like Dogecoin involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Dogecoin, it is important to understand the risks.

    Volatility: The price of Dogecoin can fluctuate significantly. This means that its value can rise and fall quickly.

    No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

    External factors: The price of Dogecoin is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.
  • How to store Dogecoin?

    You can securely store your Dogecoin in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

    We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Dogecoin. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

    Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
  • Can I send my Dogecoin to an external wallet?

    Yes, you can send your Dogecoin to an external wallet. With Finst, you can easily send your Dogecoin to a hardware or a software wallet.
  • Can I store Dogecoin on a hardware wallet?

    Yes, you can store Dogecoin (DOGE) on hardware wallets such as Ledger or Trezor.

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Additional Information about Dogecoin (DOGE)

Who are the founders of Dogecoin?

Dogecoin was founded in 2013 by Billy Markus and Jackson Palmer. Although they are no longer involved in the project, Dogecoin remains a popular cryptocoin with an active community. As a joke, Markus is sometimes referred to as ‘Shibetoshi Nakamoto’ on Twitter, a nod to Satoshi Nakamoto, the mysterious creator of Bitcoin.

The current team behind Dogecoin consists of a decentralized community of developers and DOGE enthusiasts.

How does Dogecoin work?

Dogecoin is based on the Litecoin network and uses the Scrypt algorithm for its Proof of Work consensus mechanism. This means that miners use super-fast computers to solve difficult mathematical equations. This is how they ensure that transactions are processed and recorded on the blockchain. In addition, Dogecoin can be mined in pools, where miners combine their hashing power in a large group to successfully find blocks.

Dogecoin is therefore faster and cheaper than Bitcoin, for example. The crypto is inflationary, which means that more and more new coins are constantly being added. The major advantage of Dogecoin is that transactions are relatively fast compared to Bitcoin. The network has a maximum of 33 transactions per second and has an average processing speed of 1 minute. This means that in theory you could send millions of euros to the other side of the world within a minute. This would take about 10 minutes with Bitcoin.

Dogecoin started as a joke

Billy Markus and Jackson Palmer launched the Dogecoin blockchain as a joke. They created the memecoin to ridicule the hype surrounding crypto. DOGE is seen as the first ‘memecoin’ and specifically the first ‘dog coin’, inspired by the Japanese dog breed Shiba Inu. Although it is actually a joke, some people still see it as a serious investment. What Markus and Palmer did not take into account is that memecoins like DOGE would become incredibly popular. DOGE has since grown into one of the largest cryptocurrencies today.

In addition, Elon Musk has mentioned Dogecoin several times on Twitter, which caused huge price increases. His statements and memes about Dogecoin have attracted many new investors and ultimately even led to companies accepting it. At one point, his own company Tesla also accepted Dogecoin as a form of payment.

SaveDOGEmas: the first major hack

On December 25, 2013, the first major hack in the Dogecoin community took place. Large amounts of DOGE were stolen, which led to a lot of commotion on X (then still Twitter). The community started the ‘SaveDOGEmas’ campaign to help the victims. Within a short period of time, enough money was raised to give everyone their stolen Dogecoins back.

That same year, the mining reward system was changed, replacing the random reward with a fixed reward per block.

Dogecoin and charity

Over the years, Dogecoin has proven itself as a currency with a strong community that regularly organizes donation campaigns.

- In 2014, the Jamaican bobsleigh team did not have enough money to go to the Olympic Games in Sochi. The Dogecoin community found this such a great story that they raised $50,000 to send the team to the Games.

- On March 22, 2014, during World Water Day, the Dogecoin community raised $30,000 to drill wells in the Tana Valley in Kenya.

- That same month, Dogecoin fans sponsored NASCAR driver Josh White. His car was completely covered in Dogecoin stickers with the logo and the name of the currency. This initiative cost only $55,000.

The technological development of Dogecoin

In 2015, Dogecoin was upgraded with a re-fork, combining Litecoin's technology with Bitcoin's code. This gave Dogecoin the best of both worlds: speed, low transaction costs and a user-friendly network.

During the crypto hype of 2017-2018, Dogecoin rose to almost 2 cents, but like many other crypto currencies, its value subsequently dropped considerably. However, in the bull run of 2021, Dogecoin made a huge leap and reached a value of €0.47.

DOGE vs Shiba

Since 2020, Dogecoin has had a serious competitor: Shiba Inu Coin. Both coins are based on the iconic Shiba Inu dog, which has led to a kind of rivalry between the two communities. Dogecoin often remains the favorite, but Shiba Inu also has an active and fanatical following.

Dogecoin Whales

A much-discussed topic in the Dogecoin community is the large number of coins that are allegedly in the hands of a few investors (also called ‘whales’). Research shows, however, that many of these large wallets belong to crypto exchanges that keep DOGE in cold storage as collateral for their users. So, it turned out to be less bad than expected.

Elon Musk and Dogecoin

Elon Musk has had a major influence on the price development of DOGE in the past. On X (formerly Twitter), he often spoke positively about Dogecoin. His influence on the price became particularly clear during the bull market in 2021. Famous statements such as ‘DOGE to the moon’ and claims that Tesla would accept DOGE as a means of payment drove the price up to as much as 0.50 euros per DOGE.

After Elon Musk took over Twitter in 2023, Musk temporarily changed the Twitter logo to a Shiba Inu, causing the price to rise sharply again in a short period of time. Then by 30%.

Historical data therefore shows that buying Dogecoin after positive interference from Musk can be profitable. Statements from powerful figures such as Musk can also be dangerous and only cause price increases in the short term or even cause the price to fall sharply in a short period of time.

Advantages of Dogecoin

Of course, every network has its pros and cons. If you plan to buy Dogecoin, first take a look at the following advantages and disadvantages.

  • Fast transactions: Dogecoin transactions are processed on average within 1 minute, much faster than for example Bitcoin.
  • Low fees: The transaction fees (gas fees) are extremely low on the Dogecoin network.
  • Strong community: Dogecoin has a large and active community, and there are also many well known people such as Elon Musk who have supported Dogecoin.
  • Widely accepted: More and more companies and platforms accept Dogecoin as a means of payment.

Disadvantages of Dogecoin


  • Inflationary: There is no maximum supply for this coin, so new Dogecoins are constantly created, unlike for example Bitcoin.
  • Few technical innovations: Unlike some other crypto projects, there are hardly any major updates planned.
  • Volatility: Meme coins such as Dogecoin are often very sensitive to price fluctuations.
  • Competition: Other meme coins such as Shiba Inu and technological coins sometimes offer similar or more extensive functions.

Future updates

Dogecoin has so far remained loyal to its Proof of Work consensus mechanism and the basic structure since the 2015 upgrade. Large networks such as Ethereum have since moved to Proof of Stake, but this is not currently the case with Dogecoin. No major protocol changes have been announced, although there is discussion within the community about possible improvements such as reducing energy consumption or supporting Layer 2 solutions to make transactions faster and cheaper.

Still, there are technical developments in the background. In April 2025 the Dogecoin Foundation released a new version of LibDogecoin (v0.1.4). This update contains improvements in security, performance, and development. A YubiKey integration was added (a protocol that allows secure storage of private keys). For developers this is very useful, as it makes it easier to build applications on the chain.

Although Dogecoin itself is not leading in radical technical innovations, the network remains popular thanks to broad adoption and smaller updates, ease of use, and of course the memes. The future of Dogecoin will therefore likely be determined by community involvement and practical applications rather than drastic technical changes.

What can you do with Dogecoin?

Dogecoin is often used for:

  • Micro payments on platforms such as Twitch and Reddit thanks to the low transaction costs (in the past you could even buy a Tesla with Dogecoins).
  • Tipping and gratuities because of the low transaction fees.
  • Payments at more and more webshops and companies that accept Dogecoin as a means of payment. This ranges from small retailers to some larger names such as Microsoft and Newegg.
  • Dogecoin is used as money for donations to charities and crowdfunding by the community.
  • Dogecoin is also used as an investment. Dogecoin has an impressive price history, and many investors speculate on its future price.

Risks of Dogecoin


  • Inflation: Since Dogecoin is inflationary, in theory there are an unlimited number of coins. New Dogecoins are continually created, which means the total supply permanently increases. So there is inflation.
  • Volatility: Dogecoin basically started as a joke, and therefore naturally has a volatile background. Especially through social media and influencers the price can fluctuate strongly (just look at Elon Musk and the influence he had on the Dogecoin price in the past).
  • Limited technological development: Compared to other cryptocurrencies, Dogecoin is not often updated with new features or improvements. The focus is mainly on stability, ease of use, and the community.
  • Social media and influencers: The price is often influenced by tweets and remarks from celebrities such as Elon Musk. This can lead to sudden and unpredictable price movements.

How can you safely store Dogecoin?

There are different ways to store your Dogecoin. You can do this by sending Dogecoin to your Finst wallet, where we store your crypto, or by sending your Dogecoin to non-custodial wallets. Non-custodial wallets are wallets where only you have access to the private keys. Below you will find three popular options where Finst can help you.

Finst wallet

With the Finst wallet, you store your Dogecoin safely and easily within your Finst account. You do not need to set up an external wallet or manage technical settings yourself. Everything is automatically arranged for you, so you can focus on buying, selling, and tracking your crypto.

Software wallet

A software wallet is a digital wallet that you install on your computer or smartphone. You manage your Dogecoin and your private keys yourself, which means you have full control over your crypto. It is very important that you keep your private keys safe to prevent theft. If you lose your private keys, you no longer have access to your Dogecoin. If you buy Dogecoin through Finst, you can send it directly to your own wallet. You only need to provide your wallet address during checkout, and we make sure your Dogecoin arrives safely.

Hardware wallet

Do you want maximum security? Then a hardware wallet is a good choice. This is a physical device with which you can store Dogecoin completely offline, protected against online attacks. You do need to purchase a hardware wallet separately, often at a higher price. If you buy Dogecoin through Finst, you can also easily have it sent to your hardware wallet: enter your public wallet address, complete your order, and we will send the Dogecoin directly to you.

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