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Dogecoin to US Dollar Exchange Rate

Find the best DOGE/USD exchange rate for 01 Oct 2022.

Live Rate

= $ 0.0612

Refreshing in: 60s | Sat, Oct 01, 06:33AM GMT

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Dogecoin: the original memecoin with potential for growth

After an incredible growth rate of 11,000% in the first quarter of 2021, the prospects for Dogecoin should be watched carefully.

A US$1,000 investment in Dogecoin one year ago is now worth $229,000 That amount equals a 22957.6% increase. The question is it possible for these gains to continue?

At the beginning of 2020, Dogecoin (DOGE) was trading at US$0.0017. For any trader, it’s important to remember that from 2020 to 2021, there was a twenty-time increase in global cryptocurrency market capitalisation.

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 and value of DOGE has increased.


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
Arculus
Arculus
Hardware wallet
AAVE, APE, BTC, ETH, LINK, MATIC, SHIB, UNI, USDC, XRP & 30 more
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The Arculus wallet is a Web3-enabled hardware wallet that syncs with your smartphone.
Ledger Nano X Wallet
Hardware wallet
BTC, ETH, XRP, BCH, ADA, LTC, BNB, EOS, XTZ, XLM & 5,000+ more
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The Ledger Nano X comes with added Bluetooth functionality, more memory and a higher quality screen than the original Nano S.
TREZOR Model T Wallet
Hardware wallet
BTC, ETH, XRP, USDT, BCH, LTC, EOS, XTZ, LINK, XLM & 1380+ more
$250
The next generation of hardware wallet from TREZOR, the Model T includes a host of new features including a touchscreen and improved processing.
ZenGo Cryptocurrency App
Mobile wallet
BTC, ETH, BNB, DOGE, USDT, MATIC, LINK, CHZ, XTZ & 60+ more
Free download
Take advantage of ZenGo’s unique biometrics setup to buy, sell and spend and earn 70+ cryptocurrencies in your own wallet.
Ledger Nano S Plus Wallet
Hardware wallet
BTC, XRP, ETH, BCH, EOS, XLM, LTC, DOT, BNB, USDT & 5,000+ more
$79
Secure and manage coins, tokens and NFTs with the latest hardware device from Ledger.
Wirex Wallet
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BTC, ETH, LTC, XRP, XLM, DAI, MKR, YFI, UNI, CRV & 10+ more
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The Wirex Wallet is a non-custodial crypto wallet to store, grow and earn rewards on your crypto assets and NFTs. It features keyless entry, next-gen security, advanced SMPC encryption and recovery from biometric back-up if your device goes missing.
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Where to buy, sell and exchange cryptocurrency

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Name Product Deposit methods Fiat Currencies Cryptocurrencies
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

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Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX exchange offers a range of cryptocurrencies, up to 10x leverage, access to global liquidity, no-fee debit cards for FTX users, fee-free first ACH deposit and benefits for FTT token holders.
Kraken Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Wire transfer, Osko, SEPA, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD

151
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

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New customers earn up to 12% on initial deposits. The more you deposit, the more you earn.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
SoFi Invest Crypto
Bank transfer
USD

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Win up to $100 in crypto with a qualifying first trade
Instantly purchase a handful of leading cryptocurrencies with the SoFi app, which also insures your coins against potential hacks or theft.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

660
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Market rate for common transfer amounts DOGE to USD

Dogecoin (DOGE) US Dollars (USD)
Đ1 0
Đ100 0
Đ500 0
Đ1000 0
Đ1500 0
Đ2500 0
Đ5000 0

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