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Dogecoin’s Market Capitalization History (2013 – 2023, $ Billion)

Industry: Cards & Payments
Current: Other Industry Indicators

Dogecoin had a market capitalization of $3.5 million on December 15, 2013
Dogecoin is popular amongst the netizens
Elon Musk, CEO of Tesla, has been an ardent supporter of Dogecoin

Market Capitalization of Dogecoin on a Daily Basis

Market Capitalization of Dogecoin

Dogecoin (DOGE), had the highest market capitalization of $88.8 billion on May 8, 2021. The market capitalization for any cryptocurrency is calculated as the current number of coins or tokens in existence and the current price of the cryptocurrency.

In January 2014, Dogecoin briefly outperformed Bitcoin and all other cryptocurrencies combined in terms of trading volume, but its market capitalization remains substantially behind popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Tether, etc.

On May 8, 2021, Dogecoin briefly reached its highest market capitalization of $88.8 Billion with a price of $0.6818 per Dogecoin.

Dogecoin’s popularity:

Dogecoin has become popular on the internet owing to the doge meme (Shiba Inu dog as its logo), internet trends, tweets, and backed by many celebrities. But the commercial adoption for business transactions remains largely unpopular.

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