First Doge Finance
1. Summary
- Description
-
Dogecoin
Dogecoin
Dogecoin is an open-source, peer-to-peer digital currency created by Jackson Palmer and Billy Markus in 2013 as an ironic parody of Bitcoin. The project was originally designed to be a satirical response to the hype surrounding cryptocurrencies at the time. Despite its playful beginnings, Dogecoin took on a life of its own and developed a dedicated community of supporters who used it as a tipping currency for social media content.
Technical Overview
Dogecoin's blockchain network is a fork of Luckycoin, which is itself a fork of Litecoin. It uses the Scrypt hash function, requiring a significant amount of RAM for mining. This feature complicates mining with ASIC devices but allows for mining with amateur-level equipment such as CPUs and GPUs, contributing to a more decentralized network. The Scrypt-based proof-of-work algorithm also reduces the processing power needed, enabling faster and more efficient transactions with a one-minute block time.
Ecosystem and Governance
The Dogecoin Foundation was established for common management in 2014 and is a non-profit volunteer organization handling fundraising, strategic planning, and coordinating the work of volunteer developers. Vitalik Buterin, Jared Birchall, and Max Keller are among its notable advisors. The project is primarily managed by the community and has seen significant engagement from prominent figures like Elon Musk, who has occasionally expressed enthusiasm for Dogecoin, causing significant price jumps.
Dogecoin's success can be attributed to its ease of access, community support, and the use of Scrypt, which enabled a more decentralized and inclusive mining environment. Despite initial parody intentions, Dogecoin has emerged as a legitimate investment prospect and continues to operate with a strong community backing.
| Price | |
| 52W High price | $0.001581905900 |
| 52W High date | 27th Oct 2021 (3 years ago) |
| All Time High (ATH) Date | 14th Feb 2025 (1 week ago) |
| All Time Low (ATL) Date | 14th Feb 2025 (1 week ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1.00 |
How does First Doge Finance's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 2,482 |
| Twitter followers | 2,195 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://firstdogefinance.com/ |
|---|---|
| Explorer | https://bscscan.com/token/0x7e5179422f1a5cec8473bc... |
| @firstdogecoin |
What is the correct contract address for First Doge Finance?
| Binance-smart-chain | 0x7e5179422f1a5cec8473bc4e5d0305d0d1f9e7bd |
|---|
Has First Doge Finance been audited for security?
No security audits found for this project.
Are you the owner of First Doge Finance? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.