Dogecoin (DOGE) vs Ethereum (ETH) Comparison
Dogecoin (DOGE) and Ethereum (ETH) are two popular cryptocurrencies that have been in the market for quite some time. Both cryptocurrencies have different features and target different audiences. In this review, we will compare DOGE and ETH based on various factors and determine which cryptocurrency stands out.
Background and Overview
Dogecoin was created in December 2013 by Jackson Palmer and Billy Markus as a joke cryptocurrency based on the popular "Doge" internet meme. However, it quickly gained traction among cryptocurrency enthusiasts and became a popular cryptocurrency in its own right. It has a circulating supply of 128 billion coins and a maximum supply of 210 billion coins.
Ethereum, on the other hand, was launched in 2015 by Vitalik Buterin. It was created as a decentralized platform for building decentralized applications (DApps) and smart contracts. Ethereum has a current circulating supply of around 116 million coins, with no maximum supply limit.
Technology
Dogecoin is a proof-of-work (PoW) cryptocurrency that uses the Scrypt mining algorithm. It has a block time of 1 minute and the mining difficulty adjusts after every block. Dogecoin's main technological feature is its fast transaction times and low fees. However, it doesn't have any other advanced features like smart contracts.
Ethereum, on the other hand, is a proof-of-stake (PoS) cryptocurrency that uses the Ethash mining algorithm. It has a block time of around 15 seconds and uses the gas system to determine transaction fees. Ethereum's main technological feature is its ability to support smart contracts and DApps, making it a popular platform for developers.
Adoption and Use Cases
Dogecoin has gained significant adoption over the years and is used as a tipping mechanism on social media platforms like Twitter and Reddit. It is also accepted by some online merchants and has been used to raise funds for various charitable causes.
Ethereum, on the other hand, has been adopted by many blockchain projects and has become the go-to platform for creating decentralized applications and smart contracts. It is also used for crowdfunding through Initial Coin Offerings (ICOs) and has been integrated into various industries like supply chain management, real estate, and gaming.
Market Performance
Dogecoin has had a volatile market performance, with its price fluctuating heavily over the years. However, it has had some notable price surges, particularly in early 2021 when its price surged by over 600% in just a few weeks. As of September 2021, DOGE is trading at around $0.24, with a market capitalization of over $31 billion.
Ethereum has had a more stable market performance compared to Dogecoin. Its price has increased steadily over the years, with some notable price surges during the ICO boom in 2017 and the DeFi boom in 2020. As of September 2021, ETH is trading at around $3,300, with a market capitalization of over $385 billion.
Community
Dogecoin has a large and enthusiastic community of supporters, who have helped to promote the cryptocurrency through various means, including memes, social media campaigns, and fundraising initiatives. The Dogecoin community is known for its lighthearted and humorous approach to cryptocurrency.
Ethereum also has a large and active community of developers and supporters who are passionate about the technology and its potential applications. The Ethereum community is known for being more serious and technical compared to the Dogecoin community.
| Company |
|---|
User rating
| 7 user reviews | 3 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
|
Type
| coin | coin |
Founding Date
| 2013 | 2015 |
Country
| International | Canada |
Languages
| No data | No data |
Team
| Public | Public |
Protocol
| No data | Public blockchain |
Current price (USD)
| 0.3825 | 3310.5313 |
All-time high (USD)
| 0.0188 | 1432.8800 |
Price change (24h)
| -6.13 | -4.02 |
Volume (24h)
| 444249538.68158 | 3774976864.41850 |
Hashrate
| 180000 | 190120 |
Max Supply
| No data | No data |
Total supply
| No data | No data |
Circulating Supply
| 99999999999.99999 | 120435395.54259 |
Transaction speed / Block time
| 33 | 15 |
Transaction fee
| No data | No data |
Mining profitability
| No data | No data |
Algorithm
| Scrypt | Ethash |
Proof type
| PoW | PoW |
Fully premined
| No data | No data |
Smart contract address
| No data | No data |
Total coins mined
| 125408835593.31000 | 111766505.06150 |
Is trading
| yes | yes |
Block reward
| 0.000000000000 | 2.000000000000 |
Block time
| No data | 15 |
| Company | ||
|---|---|---|
| User rating | 7 user reviews | 3 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
| About |
Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015.
|
Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
|
|---|---|---|
| Type | Type coin | Type coin |
| Founding Date | Founding Date 2013 | Founding Date 2015 |
| Country | Country International | Country Canada |
| Languages | Languages No data | Languages No data |
| Team | Team Public | Team Public |
| Protocol | Protocol No data | Protocol Public blockchain |
| Current price (USD) | Current price (USD) 0.3825 | Current price (USD) 3310.5313 |
| All-time high (USD) | All-time high (USD) 0.0188 | All-time high (USD) 1432.8800 |
| Price change (24h) | Price change (24h) -6.13 | Price change (24h) -4.02 |
| Volume (24h) | Volume (24h) 444249538.68158 | Volume (24h) 3774976864.41850 |
| Hashrate | Hashrate 180000 | Hashrate 190120 |
| Max Supply | Max Supply No data | Max Supply No data |
| Total supply | Total supply No data | Total supply No data |
| Circulating Supply | Circulating Supply 99999999999.99999 | Circulating Supply 120435395.54259 |
| Transaction speed / Block time | Transaction speed / Block time 33 | Transaction speed / Block time 15 |
| Transaction fee | Transaction fee No data | Transaction fee No data |
| Mining profitability | Mining profitability low | Mining profitability high |
| Algorithm | Algorithm Scrypt | Algorithm Ethash |
| Proof type | Proof type PoW | Proof type PoW |
| Fully premined | Fully premined No data | Fully premined No data |
| Smart contract address | Smart contract address No data | Smart contract address No data |
| Total coins mined | Total coins mined 125408835593.31000 | Total coins mined 111766505.06150 |
| Is trading | Is trading yes | Is trading yes |
| Block reward | Block reward 0.000000000000 | Block reward 2.000000000000 |
| Block time | Block time No data | Block time 15 |
Social
Website
| dogecoin.com | www.ethereum.org |
| @dogecoin | @ethereum |
| Website | Website dogecoin.com | Website www.ethereum.org |
|---|---|---|
| Twitter @dogecoin | Twitter @ethereum |
Advantages
| Strong and friendly community Popularity Integration to numerous platforms | Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses |
Disadvantages
| The tech side is quite weak | Struggles with scaling Uses a complicated programming language High transaction fees |
Rating
| User rating | User rating 7 user reviews | User rating 3 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages Strong and friendly community Popularity Integration to numerous platforms | Advantages Well-known Founder An expanding developer community More than a cryptocurrency Continues to attract more businesses |
| Disadvantages | Disadvantages The tech side is quite weak | Disadvantages Struggles with scaling Uses a complicated programming language High transaction fees |
Dogecoin (DOGE) user rating is 4.7, based on 7 user reviews. Ethereum (ETH) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
At the moment Dogecoin (DOGE) price is 0.3825. Its 24h volume is 444,249,539.68158. 24h price change is -6.13.
The circulating supply is 100,000,000,000.0.
Dogecoin (DOGE) hash rate is 180000. Dogecoin (DOGE) transaction speed/block time is 33. Block reward is 0.0.
At the moment the number of coins mined is 125,408,835,593.31. Mining profitability is low.
Dogecoin (DOGE) Cryptogeek user rating is 4.7, based on 7 user reviews.
Ethereum (ETH) price is 3,311.5313. Its 24h volume is 3,774,976,864.4185. 24h price change is -4.2.
The circulating supply is 120,435,396.54259.
Ethereum (ETH) hash rate is 190120. Ethereum (ETH) transaction speed/block time is 15. Block reward is 2.0.
At the moment the number of coins mined is 111,766,505.615. Mining profitability is high.
Ethereum (ETH) Cryptogeek user rating is 5, based on 3 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
An important lesson: do not believe the news, study the topic yourself.
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Lesson: while tokens are stored on the exchange, do not consider them as yours.
Dogecoin (DOGE) and Ethereum (ETH) are two popular cryptocurrencies that have been in the market for quite some time. Both cryptocurrencies have different features and target different audiences. In this review, we will compare DOGE and ETH based on various factors and determine which cryptocurrency stands out.
Background and Overview
Dogecoin was created in December 2013 by Jackson Palmer and Billy Markus as a joke cryptocurrency based on the popular "Doge" internet meme. However, it quickly gained traction among cryptocurrency enthusiasts and became a popular cryptocurrency in its own right. It has a circulating supply of 128 billion coins and a maximum supply of 210 billion coins.
Ethereum, on the other hand, was launched in 2015 by Vitalik Buterin. It was created as a decentralized platform for building decentralized applications (DApps) and smart contracts. Ethereum has a current circulating supply of around 116 million coins, with no maximum supply limit.
Technology
Dogecoin is a proof-of-work (PoW) cryptocurrency that uses the Scrypt mining algorithm. It has a block time of 1 minute and the mining difficulty adjusts after every block. Dogecoin's main technological feature is its fast transaction times and low fees. However, it doesn't have any other advanced features like smart contracts.
Ethereum, on the other hand, is a proof-of-stake (PoS) cryptocurrency that uses the Ethash mining algorithm. It has a block time of around 15 seconds and uses the gas system to determine transaction fees. Ethereum's main technological feature is its ability to support smart contracts and DApps, making it a popular platform for developers.
Adoption and Use Cases
Dogecoin has gained significant adoption over the years and is used as a tipping mechanism on social media platforms like Twitter and Reddit. It is also accepted by some online merchants and has been used to raise funds for various charitable causes.
Ethereum, on the other hand, has been adopted by many blockchain projects and has become the go-to platform for creating decentralized applications and smart contracts. It is also used for crowdfunding through Initial Coin Offerings (ICOs) and has been integrated into various industries like supply chain management, real estate, and gaming.
Market Performance
Dogecoin has had a volatile market performance, with its price fluctuating heavily over the years. However, it has had some notable price surges, particularly in early 2021 when its price surged by over 600% in just a few weeks. As of September 2021, DOGE is trading at around $0.24, with a market capitalization of over $31 billion.
Ethereum has had a more stable market performance compared to Dogecoin. Its price has increased steadily over the years, with some notable price surges during the ICO boom in 2017 and the DeFi boom in 2020. As of September 2021, ETH is trading at around $3,300, with a market capitalization of over $385 billion.
Community
Dogecoin has a large and enthusiastic community of supporters, who have helped to promote the cryptocurrency through various means, including memes, social media campaigns, and fundraising initiatives. The Dogecoin community is known for its lighthearted and humorous approach to cryptocurrency.
Ethereum also has a large and active community of developers and supporters who are passionate about the technology and its potential applications. The Ethereum community is known for being more serious and technical compared to the Dogecoin community.
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