Dogecoin Price - DOGE/SGD : $0.54594
Order book DOGE / SGD
Buyers
Sellers
Cumulative market depth
Recent trades
Need more liquidity?
What is Dogecoin (DOGE)?
Dogecoin is one of the most widely known cryptocurrencies, after the likes of Bitcoin and Ethereum. It is the original meme coin based on the famous “doge meme” of a Shibu Inu. By adopting the cute dog as its mascot, Dogecoin has achieved huge success. It sits among the top ten largest coins by market cap, at the time of writing, and is also one of the the most frequently traded cryptocurrencies.
Like other digital currencies, Dogecoin’s blockchain was built on open-source peer-to-peer technology. Its highly secure digital ledger operates without interference from third parties or institutions.
Bitcoin-based code
Dogecoin works on a dedicated blockchain that was derived loosely from the Bitcoin source code. Because of this, it has several traits in common with Bitcoin, including its hash and consensus algorithm.
Dogecoin eventually underwent some adjustments and switched its proof-of-work (PoW) protocol to an auxiliary proof-of-work consensus mechanism (AuxPoW). It also changed its algorithm to Scrypt technology. These changes made DOGE mining faster and less power-intensive than before.
A light-hearted cryptocurrency
Dogecoin was meant to be a parody of the cryptocurrency space, but what started as a joke immediately became an overnight sensation. Because of its fun and light-hearted nature, Doge brought new attention to the market and drew curiosity to crypto.
Before Dogecoin, cryptocurrencies were seen by those outside the crypto community as complex and intimidating, which affected their adoption rate. The meme coin movement made cryptocurrencies more accessible and changed the perspective around them which increased their acceptance in the real world.
Frequently asked questions
How to read the Dogecoin price chart?
Trending cryptocurrencies
- Bitcoin (BTC)Sgd 127,342 .28−1.42%
- Ethereum (ETH)Sgd 4,803 .75−2.21%
- Tether USD (USDT)Sgd 1 .35254+0.28%
- USD Coin (USDC)Sgd 1 .33628+0.14%
- XRP (XRP)Sgd 3 .10543+22.73%
- Dogecoin (DOGE)Sgd 0 .54594−3.16%
- Solana (SOL)Sgd 300 .4303−5.06%
- Cardano (ADA)Sgd 1 .45123+1.68%
How we treat client assets
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and digital assets.
We hold the vast majority of digital assets in secure offline cold storage protected in underground vaults with maximum security.
Audited and licensed
We are the first crypto exchange to be licensed by MAS.
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal, you can.
We keep your assets safe. That is our promise.
Single purpose asset utilisation
We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt).