![]() Find a Doge exchange (e.g.,, Kraken – Note: is only available in 40 out of 50 states, and Kraken is available in all states except New York and Washington.).Get a Dogecoin wallet for your desktop computer or mobile phone (e.g., Exodus, Coinbase Wallet).(Image credit: Dogecoin) How do I buy Dogecoin? While it's now sitting at around $0.50, that's still an impressive performance. A further surge in early May saw it climb to even higher levels: it topped $0.70 at once stage, representing growth of 14,000% in 2021. ![]() On April 20, it reached a high of $0.41, meaning it had grown by 7600% since the start of the year. It finally crossed the penny threshold in January 2021 but has since soared beyond most people's wildest expectations. What is the price of Dogecoin?įor years, the price of a Dogecoin remained at a fraction of a penny. Plus, several popular crypto exchanges have announced support for Dogecoin in recent days: Gemini (opens in new tab) added it on Tuesday (May 4), while eToro (opens in new tab) and Webull (opens in new tab) have also started letting users purchase the currency recently. April 20 - aka 4/20, a date with particular resonance for marijuana enthusiasts was designated ' Dogeday'. When asked why he was backing Dogecoin, Cuban replied (opens in new tab) that it was "the one coin that people actually use for transactions."ĭogecoin even celebrated its own day last month. Last month, Cuban said the Mavericks were on track to complete 6,000 Dogecoin transactions in April, a scheme made possible via a partnership with BitPay. The likes of Gene Simmons and Snoop Dogg have also gotten in on it, while Mark Cuban, the owner of basketball team the Dallas Mavericks, has also posted regularly about it. Nor is the Tesla boss the only celebrity to back Dogecoin on social media. The Tesla boss has long championed Dogecoin on Twitter and in interviews, labelling himself the "Dogefather" (opens in new tab)and proclaiming Doge to be the future of currency.Īnd every time he tweets positively about Dogecoin, the coin's price seems to rise.īack in January, for instance, Dogecoin shot up by over 800% in just 24 hours, inspired at least partly by a Musk tweet (opens in new tab), this time of a picture of a Vogue magazine cover parody called Dogue. If you're confused by how often Musk's name keeps cropping up in relation to Dogecoin, let us explain. It's since rallied to around $0.50, but given that beforehand pundits were predicting a major rise on the back of the appearance, it was all a bit of a disappointment. The cryptocurrency had been trading at around $0.71 prior to the show, but plunged by more than 30% to $0.42 after Musk poked fun at it and labelled it a "hustle" in his hosting slot on Saturday. More negatively, Dogecoin suffered a major fall after Musk's appearance on Saturday Night Live. What's more, it will be paid for entirely in Dogecoin. ![]() On the plus side, Elon Musk's SpaceX firm announced the DOGE-1 Mission to the Moon, in which a Falcon 9 rocket will carry a payload into Lunar orbit.
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