Dogecoin to Pound Sterling Exchange Rate

Live Rate

= £ 0.0027

Refreshing in: 60s | Wed, Aug 12, 03:24PM GMT

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Historical rate chart of DOGE and GBP

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Updated: 12 Aug 2020 15:24:21 UTC
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Dogecoin: the original “joke currency” with potential for growth

After an incredible growth rate of 490% in 2017, the prospects for Dogecoin in 2018 should be watched carefully.

A US$1,000 investment in Dogecoin one year ago would have netted US$490,000 in profit. That amount equals a 490% increase. The question is, are the conditions right for a similar percentage gain in 2018?

At the beginning of 2018, Dogecoin (DOGE) was trading at US$0.009, cooling off from its record high of just over US$0.01. For any trader, it’s important to remember that in the year 2017, there was a thirty-time increase in global cryptocurrency market capitalisation. This means that for the well-schooled buyer, DOGE may be one of the cryptocurrencies to watch out for in 2018.

As the DOGE community says, “DOGE isn’t the end of cryptocurrencies… It ‘s the beginning.” With confidence like that, it is easy to see how the daily trading volume in DOGE has increased.

In January 2017, the average daily trading volume was US$188,000. By Christmas Day 2017, at the height of a recent bull run, DOGE recorded a whopping US$162 million worth of trades.


DOGE has turned into a bull

For what was initially intended to be a “joke currency”, DOGE has performed well and at the start of 2018 was valued at just over US$0.09. Numerous twitter feeds looking for the next cryptocurrency bull run under US$0.01 consistently choose DOGE.

The question with DOGE is: What is its value based on? Being a joke currency, does it have a chance of being a genuine form of money? Obviously, there is some demand for DOGE since there are miners willing to process the transactions, but whether people are using it as a currency or simply for speculative trading is hard to know.

Given that there is a maximum of 100 billion units of DOGE, and that those units have already been mined into existence, all the transactions that are taking place on the DOGE blockchain are being conducted for a fee.

If the profitability of mining DOGE falls away, will it still have some use as a currency? It’s not clear when or if that will happen, but this is a key development that buyers should be aware of.

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Name Product Wallet type Supported Cryptocurrencies Price (USD) Disclaimer
Ledger Nano X Wallet
Ledger Nano X Wallet
Hardware
BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA, BNB, XMR, DASH, NEO, ETC, ZEC, XTZ, WAVES, DOGE, VET & 1,000+ more
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NEW – The Ledger Nano X comes with added Bluetooth functionality, more memory and a higher quality screen than its big brother, the Nano S.
Ledger Nano S Wallet
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$59
Securely store some of the world's leading cryptocurrencies on the Ledger Nano S hardware wallet.
Guarda Wallet
Guarda Wallet
Desktop Client, Mobile, Web
BTC, ETH, XRP, BCH, EOS, XVG, LTC, ADA, XLM, DASH & 70+ more
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A multi-platform wallet with a user-friendly interface designed to store, manage, transfer and receive digital assets.
Atomic Wallet
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BTC, LTC, ETH, TRX, DGB, QTUM, XLM, ZEC, XRP, BCH and 150+ more
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Store, buy and sell 130+ cryptocurrencies using Atomic Wallet's in-built atomic swap exchange.
TREZOR One Wallet
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TREZOR hardware wallet is a secure way to keep your cryptocurrency safe from hackers and malware.
TREZOR Model T Wallet
TREZOR Model T Wallet
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BTC, ETH, XRP, USDT, BCH, LTC, EOS, XTZ, LINK, XLM & 1380+ more
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The next generation of hardware wallet from TREZOR, the Model T includes a host of new features including a touchscreen and improved processing.
Sugi Wallet
Sugi Wallet
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BTC, ETH, LTC, XRP, BCH, ERC20
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CoolWallet S Wallet
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A mobile hardware wallet for iPhone or Android designed to offer wireless bluetooth transactions and cold storage.
KeepKey Wallet
KeepKey Wallet
Hardware
BTC, BCH , DASH, DOGE, ETH, LTC, NMC
$49
Protect your digital assets from hackers with the virus- and malware-proof KeepKey hardware wallet.
Jaxx Liberty wallet
Jaxx Liberty wallet
Desktop Client, Mobile, Web
BTC, ETH, DASH, ETC, BCH, REP, LTC, ZEC, RSK, DGE, ICN, GNT, GNO, DGD, BCAP, CVC, STX, POE, MCI, QTUM, CFI, ART, PAY & 55+ more
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A relatively new wallet on the market, Jaxx offers multi-platform support for seven different cryptocurrency assets.
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Where to buy, sell and exchange cryptocurrency

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cryptocurrencies

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.
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USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 23+ more

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Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

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USD, EUR, AUD, CAD, CHF, CZK, DKK, GBP, HUF, ILS & 20+ more

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AdvCash,Cryptocurrency,Payeer,Perfect Money,Capitalist
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Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed.
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CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
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USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, PHP, ZAR & 30+ more

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Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
Indacoin Cryptocurrency Exchange
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Bittrex Digital Currency Exchange
Cryptocurrency,Wire transfer
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Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Bitit Cryptocurrency Marketplace
Cash,Credit card,Debit card,Neosurf,Bank transfer (SEPA)
EUR, USD, JPY, DKK, GBP, SEK, NOK, TRY & 5+ more

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Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
ShapeShift Cryptocurrency Exchange
Cryptocurrency
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51
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
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Market rate for common transfer amounts DOGE to GBP

Dogecoin (DOGE) Pound Sterlings (GBP)
Đ1 0
Đ100 0
Đ500 0
Đ1000 0
Đ1500 0
Đ2500 0
Đ5000 0


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