Learn more about the Dogecoin Foundation and its Trailmap for Dogecoin! Made famous by a DOGE meme, Dogecoin stock price is a clear indicator of its popularity. Now that you know how to buy Dogecoin, here’s a few fun ways you can use it. Users take many variables into consideration when deciding how much Dogecoin to buy. Supply, demand, availability, competing cryptocurrencies, and investor sentiment are key indicators of DOGE’s utility. Users take many variables into consideration when deciding how much Dogecoin to buy. Supply, demand, availability, competing cryptocurrencies, and investor sentiment are key indicators of DOGE’s utility. Market Cap = Current Price x Circulating Supply After a fairly cryptocurrency binance uneventful first quarter, Dogecoin climbed to $0.0039 in May 2017, but the rally really got started in December. December 25th brought some welcome Christmas magic for Dogecoin holders as its price broke $0.01 and its market cap exceeded $1 billion for the first time. The surge continued for another fortnight until it peaked at $0.0167 on January 7th 2018, representing gains of 700 since the start of 2017. Prices crashed back down to $0.0032 a month later, and despite a few more attempts to rally, Dogecoin remained well below a cent for the rest of the year.