Dogecoin fanfare took off in 2021, with high-profile celebrities ranging from Musk (the self-proclaimed “Dogefather”) and Guy Fieri to Mark Cuban and others all jumping on the DOGE bandwagon.
What is one Dogecoin worth? DOGE’s value constantly changes amid the greater crypto market — a market that trades every day of the year, around the clock. The top of the page includes Dogecoin’s live price (Dogecoin’s current price) in Dogecoin-to-USD (U.S. dollar) format.
Aside from a few brief periods, such as trading around $0.02 in 2018, DOGE’s price largely traded below the $0.01 price point for much of its existence, according to the DOGE price chart above. The asset shot up in 2021, swiftly reaching $0.74 on May 7. Prices subsequently fell dramatically in the same year, however, dropping under the $0.20 mark at times.
Wondering where to buy Dogecoin, or how to buy DOGE? Numerous crypto exchanges host Dogecoin trading.
One method of picking up some DOGE could involve making an account on a jurisdictionally appropriate crypto exchange, transferring funds to the platform and then purchasing DOGE with that capital.
For a more in-depth dive into buying DOGE, check out Cointelegraph’s guide on the subject, or see a separate guide for selling Dogecoin. It is crucial, however, to research and abide by any applicable jurisdictional laws that may relate to Dogecoin involvement.
How risky is Dogecoin
“Should I buy Dogecoin?” “Is Dogecoin a good investment?” “Is Dogecoin safe?” These are all questions prospective DOGE buyers must answer themselves. No one knows the future of Dogecoin with certainty.
The asset has seen dramatic price increases and notable price declines. Parties navigating the world of Dogecoin trading should evaluate their own desires and risk limits, as well as understand the asset (or its charts, or both) and applicable regulations.