Live Dogecoin (DOGE) Price in AUD | Live DOGE to AUD Chart, News & Converter

Dogecoin Price and Market Performance

Dogecoin (DOGE) started as a joke but quickly grew into one of the most recognisable cryptocurrencies. It is currently ranked #8 by market capitalisation. DOGE has a circulating supply of 149,942,686,384 DOGE and a total supply of 150,046,696,384 DOGE.

Right now, Dogecoin is trading at $ 0.305684 AUD, with a 24-hour trading volume of $ 9,174,342,023, reflecting consistent interest from traders. In the last 24 hours, the price has increased by 10.54%, showing increased momentum.

DOGE reached an all-time high of $ 1.12 on May 8, 2021. Since then, the price has moved by 72.69%, with 1525 days having passed since that peak.

What Is Dogecoin?

Dogecoin is a peer-to-peer cryptocurrency that was created in 2013 as a lighthearted take on the emerging crypto trend. Inspired by the viral “Doge” meme, it was never intended to be taken seriously — but its community-driven spirit helped it gain mass appeal.

Built on the same codebase as Litecoin, Dogecoin is fast, inflationary, and simple to use, making it popular for tipping, donations, and micro-transactions.

How Dogecoin Works

Dogecoin operates on its own blockchain and uses the Scrypt algorithm with a Proof of Work (PoW) consensus model. It has no hard supply cap, meaning new DOGE is continually issued as block rewards.

Transactions on the Dogecoin network are confirmed quickly and with very low fees, making it suitable for everyday use — especially in community-driven initiatives and online platforms.

Key Features

– Originally launched as a meme coin
– Fast and low-cost transactions
– No maximum supply (inflationary model)
– Maintained by an active and enthusiastic community
– Supported on major exchanges and wallets

Use Cases

– Online tipping and micro-payments
– Charitable donations and crowdfunding
– Trading and speculation
– Peer-to-peer transfers
– Community engagement in social media platforms

Dogecoin Tokenomics

– Ticker: DOGE
– Circulating Supply: 149,942,686,384 DOGE DOGE
– Total Supply: 150,046,696,384 DOGE DOGE
– Block Time: ~1 minute
– Inflationary issuance (5 billion DOGE per year)
– Consensus: Proof of Work (Scrypt)

Dogecoin’s Pros and Cons

Pros:
– Very low transaction fees
– Fun and approachable brand with strong community backing
– Listed on nearly all major exchanges
– Widely accepted for tipping and small payments
– Elon Musk and other celebrity endorsements

Cons:
– Inflationary — no cap on total supply
– Limited utility compared to smart contract platforms
– Lacks development activity relative to top-tier coins
– Price heavily influenced by hype and social media

Future Outlook

Dogecoin continues to ride waves of enthusiasm from its loyal community and mainstream attention. While not as technically advanced as platforms like Ethereum or Solana, its role as a cultural icon in crypto gives it lasting visibility.

Whether you’re watching the DOGE price in AUD, browsing real-time charts, or joining the meme-powered movement, Dogecoin remains a unique player in the digital currency world.