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Dogecoin (DOGE) is trading at ₹7.96, a 1.6% decline in 24 hours and 7.5% lower over the past week. Total market cap stands at ₹1.36 trillion.
Dogecoin (DOGE) is currently trading at ₹7.96 against the Indian Rupee (INR) [1], reflecting a 1.6% decline over the last 24 hours and a 7.5% decrease compared to its value seven days ago [1]. This movement places DOGE's market capitalization at approximately ₹1.36 trillion, with a circulating supply of over 171.6 billion DOGE [3].
| At a glance | |
|---|---|
| Current Price (DOGE/INR) | ₹7.96 [1] |
| 24-hour Change | -1.6% [1] |
| 7-day Change | -7.5% [1] |
| Market Cap | ₹1.36 trillion [3] |
| 24h Trading Volume | ₹56.54 billion [1] |
The price of 1 DOGE to INR is ₹7.96 today, a slight increase of 0.3% from an hour ago but a 1.6% decline since yesterday [1]. Over the last 24 hours, the highest exchange rate for DOGE to INR was ₹8.25, while the lowest was ₹7.88 [3]. The total trading volume for Dogecoin in the last 24 hours reached ₹56.54 billion [1]. Coinbase reports a 24-hour trading volume of ₹64.82 billion, an 11.21% increase [3].
Despite recent declines, Dogecoin's price has increased by 18.60% against the INR over the last month [1]. However, this performance has underperformed the broader crypto market, which saw a 21.50% decline in the same period [1]. Looking back a year, Dogecoin's value has decreased by 69.27% against the INR [3]. The all-time high price for 1 DOGE in INR was ₹53.62 [1].
Dogecoin, created in 2013, differs from cryptocurrencies like Bitcoin by being intentionally abundant, with 10,000 new coins mined every minute and no maximum supply [3]. The current circulating supply stands at 171,637,773,126.579 DOGE [3].
The daily exchange rate of DOGE to INR has fluctuated between a high of ₹8.19 and a low of ₹7.83 over the last seven days [1]. The largest 24-hour price movement within this period occurred six days ago, with a drop of ₹0.342180 (4.0%) [1]. Over the last 30 days, DOGE to INR moved between ₹6.63 and ₹8.94, with an average of ₹7.99 and 4.11% volatility [2].
The current trading dynamics show Dogecoin experiencing short-term declines within a broader monthly increase, highlighting ongoing volatility in its INR valuation.
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Dogecoin was created by IBM software engineer Billy Markus and Adobe software engineer Jackson Palmer. The two developers officially launched the cryptocurrency on December 6, 2013.
Dogecoin has an uncapped supply, meaning new coins are added to the network indefinitely. This design choice is intended to keep transaction fees low and support the ongoing operation of the network.
Dogecoin was originally created as a joke to make fun of the wild speculation surrounding cryptocurrencies at the time. The founders intended to develop a peer-to-peer digital currency that could reach a broader demographic than Bitcoin.
Dogecoin mining uses a proof-of-work algorithm based on Scrypt technology. This method requires miners to use dedicated field-programmable gate array or application-specific integrated circuit devices rather than standard Bitcoin mining equipment.