Investment firm offloads XRP holdings while maintaining Bitcoin exposure
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
Dogecoin (DOGE) is trading at $0.079, down 2.64% over 24 hours, with a market capitalisation of $12.3B.
| Price | $0.079 |
|---|---|
| 24h change | -2.64% |
| Market cap | $12.3B |
| Rank | #12 |
| Maximum supply | No cap — about 5 billion DOGE added per year |
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Dogecoin launched in December 2013 as a joke built on Litecoin's codebase, and became the most durable of the meme cryptocurrencies. It has no supply cap, adding roughly 5 billion DOGE each year, and is merge-mined with Litecoin.
| Launched | December 2013 |
|---|---|
| Created by | Billy Markus and Jackson Palmer |
| Consensus | Proof of Work (Scrypt) |
| Supply | No cap — about 5 billion DOGE added per year |
Standard proof-of-work using Scrypt, with a fixed block reward rather than a halving schedule. Because miners can mine Dogecoin and Litecoin simultaneously at no extra cost, the network inherits substantial hashpower.
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
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No. About 5 billion DOGE is added each year through a fixed 10,000 per block reward. Because that amount is fixed rather than proportional, the inflation rate falls as a percentage each year even though supply keeps growing.