How to buy Dogecoin (Doge)?

The simplest way to buy Dogecoin (DOGE) is on a cryptocurrency exchange, where you can buy tokens with U.S. dollars or sometimes with other digital assets. But before you add Dogecoin to your portfolio, make sure you know what you're getting into. » Learn more: Here are the basics on Dogecoin. 1. Decide whether to buy Dogecoin

Does Dogecoin have a hard cap?

No hard cap. DOGE has a block time of 1 minute, meaning that new coins are issued every minute. At this rate, 5 billion DOGE are issued each year, which makes Dogecoin a high-inflation asset. In general, inflation is expected to cause a coin's value to depreciate over time. Utility.

Is Dogecoin a cult coin?

Since its inception in 2013, Dogecoin has gained what could be described as a "cult following". It is one of the most recognised and popular cryptocurrencies and has paved the way for dozens of meme coins, including Shiba Inu and Baby Doge. What will I need to buy Dogecoin?

How much value does Dogecoin lose in a day?

It's not uncommon for DOGE to lose more than 10% of its value in a single day. Perceived value. DOGE is a unique asset that does not have any tangible value. It derives most of its value from utility and speculation. Exchange vulnerabilities. Leaving your Dogecoin on a crypto platform exposes you to several counterparty risks, including: Scams.