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how many dogecoin exist
As of July 10, 2023, the circulating supply of Dogecoin is approximately 132,670,803,529 DOGE, which is constantly increasing at a rate of 14.4 million DOGE per day.
Oct 15, 2024 at 05:17 am
1. Initial Creation:Dogecoin was created on December 6, 2013, by software engineers Billy Markus and Jackson Palmer.
2. Block Reward:Every time a new block is mined on the Dogecoin blockchain, 10,000 DOGE are created as a block reward.
3. No Pre-Mine:Unlike many other cryptocurrencies, Dogecoin had no pre-mine, meaning no coins were created before its launch.
4. Limited Supply:Dogecoin has a limited max supply of 132 billion coins. This supply is not expected to be reached until the year 2140 at the current rate of block production.
5. Block Production Time:A new block is added to the Dogecoin blockchain every minute on average.
6. Inflation:Due to the fixed block reward and limited supply, Dogecoin experiences a constant rate of inflation of around 4% annually.
7. Community-Driven:The Dogecoin community plays a significant role in the cryptocurrency's popularity and distribution.
8. Constant Supply Increase:The number of Dogecoin in circulation increases by 10,000 per minute, equivalent to 14.4 million DOGE per day.
9. Current Supply:As of July 10, 2023, the circulating supply of Dogecoin is approximately 132,670,803,529 DOGE. This number continues to increase gradually over time.
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