This post is for educational and informational purposes only and must not be constructed as containing investment advice. The blogger who wrote this post is not a financial advisor, depending on your country and local regulation, you should seek advice from the appropriate financial advisors to ensure you are informed about the risks.
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Last update: Jan 27, 2026
1- Category
2- Utility
3- Market capitalization
4- Social Media
5- Ecosystem
6- Stakeholders
6-a- Community
6-b- Dogecoin Corporate treasury
6-c- Exchange traded funds
6-d- High Profile
6-e- Miners
7- Why Dogecoin go down ?
8- Why Dogecoin go up ?
9- To monitor
10- Risk
11- where to trade Dogecoin?
12- How to stay informed about Dogecoin?
Summary
because 10,000 Dogecoin are minted every 1 minute or so, Dogecoin can be considered a payment technology, but it is not designed to be a store of value. However, Doge is ranked in the top 10 largest cryptocurrencies by market capitalization, it can be used as a piggy bank. consider allocating 0,5% or less of an entire crypto portfolio as a way to diversify, depending on the size of the portfolio.
1- Category
Dogecoin is a meme cryptocurrency based on an enthusiastic community.
2- Utility
- small payment,
- tipping,
- charity,
- brands seeking the friendly reputation,…
3- Market capitalization
even if Dogecoin is an inflationary (infinite supply) cryptocurrency, with no burning mechanism, it’s still ranked in the top10 cryptocurrencies by market cap, Thanks to the community.
4- Social Media
| Social media | Followers |
|---|---|
| x.com | 4.3M |
| 72K | |
| Discord | 26,450 |
5- Ecosystem
Such is a self-custodial wallet, designed to make it easier for users to send Dogecoin and for merchants to accept Dogecoin as payment
house of doge is the corporate arm of the dogecoin foundation, managing the crypto initiatives and projects.
6- Stakeholders
6-a- Community
Dogecoin find its strength from a friendly community of enthusiasts
To have an idea about how the Dogecoin community work you can visit its reddit community page
6-b- Dogecoin Corporate treasury:
as a corporate treasury asset, Dogecoin present a use case different from Bitcoin. Bitcoin corporate treasuries are designed to strengthen the balance sheet with the goal of making money from the increase of BTC value in the future. Dogecoin is more a currency, used for payment at low cost and also as way to get closer of a community of consumer with the goal of increasing the revenue.
| Company | Dogecoin |
|---|---|
| Cleancoresol.com | 703,617,752 |
| bitorigin.io | 70,543,742 |
| neptunedigitalassets.com | 989,977 |
| Spiritblockchain.com | 41,200 |
6-c- Exchange traded funds
Many asset managers are now providing exposure to Dogecoin without the crypto wallet complications of owning and managing cryptocurrencies:
6-d- High Profile
Elon Musk is an influencer of Dogecoin price, he is constantly tweeting about or replying to two other x.com accounts related to Dogecoin :
- - x.com/DOGE,
- - x.com/cb_doge,...
but his last tweet about dogecoin was in Nov 13, 2024. he is mainly replying to DogeDesigner which will show in research every time you search about doge.
In a context where Dogecoin is used in charity project, an influencer can use its fame to help fundraising for social projects. It means that the crypto can not be considered an investment, or be hold by institutional for example.
6-e- Miners
miners are rewarded for their work with so-called block rewards, Consisting of 10,000 Dogecoin per mined block. the largest Dogecoin miner is Datacentrex, Inc (Thumzup Media Corporation )
7- Why Dogecoin go down ?
Dogecoin supply is unlimited, which is inflationary, new 10,000 dogecoins are issued every 1 minute or so (estimate/example). At this pace approximately 14,400,000 (estimate/example) are minted every day!
It means that Dogecoin is not scare, not designed to increase or keep its value over time, holding it as a long term investment is probably a bad idea.
List of possible reasons the price can go down:
| Stakeholder | How they can push the price down? |
|---|---|
| Community | start taking profit or liquidating their Dogecoine position |
| Payment solutions providers | not interested in integrating Dogecoin in their platforms |
| Corporate treasury | Start selling their Dogecoin |
| Social media influencer | Start criticizing Dogecoin |
| Miners | Start selling their Dogecoin to fill their empty fiat bank accounts. |
| Dogecoin ETF holders | Traditional investors start selling their ETF shares. |
8- Why Dogecoin go up ?
acceptance as a payment by businesses, if merchants start accepting Dogecoin as a payment through apps like SUCH.INC, it will increase its utility and demand for the crypto because people will buy it to pay their bills for example.
Many businesses such as Mavs and tesla are accepting Dogecoin as payment, it's a good idea for any merchants who want to attract the Dogecoin community or associate their brands with Dogecoin friendly image.
List of possible reasons the price can go up:
| Stakeholder | How they can push the price up? |
|---|---|
| Community | Mobilize for more Dogecoine purchase |
| Payment solutions providers | Major payment solutions providers start integrating Dogecoin in their platforms |
| Corporate treasury | Decide to invest more in Dogecoin |
| Social media influencer | Promote Dogecoin |
| Miners | Have enough cash at hand, decide to hold Dogecoin for the long term. |
| Dogecoin ETF holders | Traditional investors start investing Dogecoin ETF shares due to change in perception or market conditions. |
9- To monitor
The diagram bellow is not 100% accurate but it show some of the market players influencing Dogecoin price.
- Dogecoin as a market asset depend on everything happening in the capital market, stay informed about what’s going on,
- There is a flood of opportunities (and threats) in the market, traders and investors can sell or reduce their exposure if an other asset start offering a better prospect of return.
- Supply: Miners are naturally the market suppliers (estimate: 20M Dogecoin daily) but they can retain, hold or invest in Dogecoin. by doing so they can curb Dogecoin price decline.
- Demand: Those on green are the draft horses that can pull the price up, but they also can supply the market with Dogecoin if they sell.
- large transactions are the ones that can have real impact on Dogecoin exchange price.
10- Risk
Doge is a meme coin supported by a community for fun, it is not backed by any assets, and does not have a revenue that can allow the coin to have a value.
11- where to trade Dogecoin?
I recommend using BloFin.com, a crypto trading solution that provides an easy-to-use, secure and reliable trading experience to beginners and experienced traders.
BloFin allow users to trade +500 cryptocurrencies and provide services and features such :
- - DCA,
- - trading bots,
- - demo trading,
- - copy trading,
- - staking,….
To start trading Dogecoin you need to Sign up, you can use this LINK to quickly register as a user with no KYC needed, or use this checklist if you are interested in getting more details.
Once you are registered you can follow steps bellow to start trading Dogecoin:
As a beginner you should start using 2 order types:
- Market order : allow trader to buy or sell immediately at the best available price in the market,
- Trigger order : trigger orders convert to market order when ever a specific condition is met,
11-a- Buy
- go to spot tab,
- click on spot,
- select DOGEUSDT,
- go to the order panel (trade) on the right side,
- click on buy,
- select order type,
- enter the order amount,
- review the order details,
- click DOGE Buy,…..
11-b- Sell
- go to spot tab,
- click on spot,
- select DOGEUSDT,
- go to the order panel (trade) on the right side,
- click on sell,
- select order type,
- enter the order amount,
- review the order details,
- click DOGE sell,….
12- How to stay informed about Dogecoin?
Here you can find a list of resources to stay informed about Dogecoin.
12-a- Dogecoin News:
12-b- Limited access / require subscription:
| News Outlet | |
|---|---|
| 1 | forbes.com/search/?q=dogecoin |
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