Find the best GBP/DOGE exchange rate for Apr 21, 2021 | Finder UK

Dogecoin to Pound Sterling Exchange Rate

Live Rate

= £ 0.2330

Refreshing in: 60s | Wed, Apr 21, 07:38AM GMT

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Historical rate chart of DOGE and GBP

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Updated: 21 Apr 2021 07:38:08 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.

Compare cryptocurrency wallets

Table: shows partner brands and other brands, sorted by popularity
Name Product Wallet Type Supported Cryptocurrencies Price (USD) Disclaimer
Ledger Nano X Wallet
Hardware
BTC, ETH, XRP, BCH, ADA, LTC, BNB, EOS, XTZ, XLM & 1,350+ more
$119
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
Hardware
BTC, XRP, ETH, BCH, EOS, XLM, LTC, TRX, ADA, MIOTA & 1,330+ more
$59
Securely store some of the world's leading cryptocurrencies on the Ledger Nano S hardware wallet.
TREZOR One Wallet
Hardware
BTC, ETH, XRP, BCH, LTC, LINK, XLM, HT, USDC, DASH & 1280+ more
$55
TREZOR hardware wallet is a secure way to keep your cryptocurrency safe from hackers and malware.
TREZOR Model T Wallet
Hardware
BTC, ETH, XRP, USDT, BCH, LTC, EOS, XTZ, LINK, XLM & 1380+ more
$170
The next generation of hardware wallet from TREZOR, the Model T includes a host of new features including a touchscreen and improved processing.
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.
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Where to buy, sell and exchange cryptocurrency

Table: shows partner brands and other brands, sorted by popularity

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Exmo Cryptocurrency Exchange
AdvCash, Bank transfer, Cryptocurrency, Debit card, Payeer
USD, EUR, GBP, RUB, PLN, TRY, UAH, KZT

53
cryptocurrencies

A UK-based cryptocurrency platform that provides buyers with a wide variety of payment options.
BC Bitcoin Cryptocurrency Broker
SEPA, Faster Payments (FPS), BACS, Instant SEPA
GBP, EUR

122
cryptocurrencies

BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.
Bitpanda Cryptocurrency Exchange
Bank transfer (ACH)
EUR, GBP, CHF, USD

36
cryptocurrencies

A European exchange which enables users to pay in EUR, GBP, CHF and USD through a variety of payment platforms.
Indacoin Cryptocurrency Exchange
Credit card
USD, EUR, RUB

158
cryptocurrencies

Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity.
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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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