The shortest answer to this question is “not much.” Today (17/03/2021) a Dogecoin cost is worth $ 0.057!
Dogecoin does not have a supply limit. So there is an unlimited number of Dogecoins. Therefore, its price will not rise as much as coins such as Litecoin and Bitcoin, which have limited supplies.
There will be only 21 million Bitcoins. However, there are almost 114 billion Dogecoins in circulation right now. This makes Dogecoin a great option for small transactions such as tips and donations.
The price of a Dogecoin is less than 1 cent, but that doesn’t mean Dogecoin is worthless. Dogecoin’s current market cap is $ 330,900,232, but in January 2018 it was more than $ 1 billion!
Note: Market value (or market capitalization) indicates how much the total number of coins in the market is. It is also important to note that Elon Musk is causing the Dogecoin cost to increase.
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