Dogecoin vs. Stellar | Choose the Best Investment
This article compares two popular crypto coins, Dogecoin and Stellar Lumens. As of August 2022, both of them have their place in the top 30 cryptocurrencies by market cap. These coins are popular but for different reasons. Stellar Lumens (XLM) is part of a network of the same name. This network aims to bridge multiple crypto assets with fiat currencies and connect all possible payment operators. Dogecoin is a different thing. In general, it is just a little tweaked Bitcoin clone. Most experts agree that technology-wise, this coin doesn't offer anything new or solid. It is popular just because of the strong community around this crypto and is supported by the likes of Elon Musk, Vitalik Buterin, and other influencers. Read this article to learn about the strong and weak sides of these coins and see which one of them meets your requirements.
- What Is Dogecoin?
- What Is Stellar Lumens?
- Dogecoin vs. Stellar Lumens (table)
- Dogecoin vs. Stellar Lumens (details)
What Is Dogecoin?
Dogecoin is the only cryptocurrency with a multi-million market cap with no official dev team or budget. For years, the coin has been promoted solely by Dogecoin enthusiasts. Numerous flash mobs, charity initiatives, memes, and celeb support have been successfully driving the price and popularity of Dogecoin.
This cryptocurrency was started as a joke and a parody, but somehow Dogecoin quickly gained notoriety. Dogecoin forked from Litecoin in December 2013. Dogecoin utilizes PoW so that it can be mined, and it has no supply limit. Dogecoin has no features on top of serving as a means of exchange.
As of August 2022, DOGE's market cap is the 11th most significant market cap in the crypto industry. It amounts to $9 billion. The popularity of Dogecoin triggered a series of DOGE clones. Some of them perform pretty well; for instance, as of August 2022, the Shiba Inu coin has the 13th largest market cap.
What Is Stellar Lumens?
Stellar Lumens (XLM) is a native coin of the Stellar network. Stellar works as a platform aimed at connecting different cryptocurrencies, fiat currencies, finance institutions, CBDCs, and payment processors for swift exchange.
XLM is used as an intermediary currency for transactions on Stellar. The exchange is decentralized. Stellar has a fixed inflation rate which is 1%. Due to cheapness and ease of use, XLM helps to make cross-border transactions and exchange currencies to unbanked populations or people living in areas where banks are not that convenient and cheap. Another goal is to provide connectivity between financial institutions.
The project was launched in 2015 by former Ripple employee Jed McCaleb. The dev team has created a unique consensus protocol for the project. It is called the Stellar Consensus Protocol.
Dogecoin vs. Stellar Lumens (table)
| Factor | Dogecoin | Stellar |
| The price as of August 2022 | $0.067 | $0.118 |
| Market cap as of August 2022 | $9 billion | $3 billion |
| Rank as of August 2022 | #11 | #29 |
| All-time high | $0.73 (May 8, 2021) | $0.875 (January 3, 2018) |
| Decline (compared to all-time high) | 90.2% | 85.6% |
| All-time low | $0.0000869 (May 6, 2015) | $0.000476 (March 5, 2015) |
| Growth (compared to an all-time low) | 82,757.3% | 26,325.4% |
| Popular markets | Binance, Upbit, BKEX, MEXC Global, Coinbase, Gate.io | P2PB2B, Dcoin, Binance, Upbit, Coinbase, AAX |
| Platform | Litecoin | Stellar |
| Consensus mechanism | PoW | Stellar Consensus Protocol |
| Products | - | MoneyGram Access, Kelp, Freighter |
| Use cases | means of exchange, charity, tips | means of exchange, DEX |
Dogecoin vs. Stellar Lumens (details)
The price and the market cap
As of August 2022, Dogecoin has a much larger market cap than Stellar. The latter has a market cap of $3 billion, while Dogecoin's capitalization exceeds $9 billion. As for the price, XLM costs twice as much as DOGE. The coins' prices are 12 cents (Stellar Lumens) and 6 cents (Dogecoin). The difference is maybe not that crucial, considering that both currencies are among the industry leaders. Stellar price is more volatile. Dogecoin depends on external promotion more heavily.
Popular markets
The exchanges where people trade XLM and DOGE the most are nearly the same for these coins. We can add that Dogecoin seems to be better presented on the exchanges thanks to its viral popularity in the crypto community. Many people seek ways to buy or sell DOGE. Some people even try to mine it.
Platform
Initially, Stellar was created on top of Ripple. However, now it has a unique code. Dogecoin is a low-effort digital asset that cannot impress us with its technology side. It is just a Litecoin fork.
Consensus mechanism
Stellar has a unique approach toward consensus. We appreciate the custom protocol created by Stellar's dev team.
Products
Dogecoin has nothing to offer on top of being a means of exchange. Stellar is more multi-purpose.
Use cases
Dogecoin is used for tipping content creators on Twitter and Reddit. The coin was used for several charity actions. Primarily, the coin is used for trading. Also, it is accepted as a payment method on some web shops. Stellar is used as money, too, but its use cases spread much broader than that. Stellar can be used to give opportunities to people who cannot use regular bank services and widen the functionality sets of FinTech platforms by adding crypto assets. It makes Stellar an important multi-purpose network helping big players on par with ordinary end-users.
| Empresa |
|---|
User rating
| 7 reseñas de los usuarios | 3 reseñas de los usuarios |
Cryptogeek rating
Puntaje de confianza
¿Cómo funciona?Sobre
|
Dogecoin (DOGE) se fundó en los Estados Unidos en 2013 como una broma, pero rápidamente ganó un gran número de seguidores. Se convirtió en una criptomoneda popular (DOGE) utilizada para inclinar a los creadores de contenido (principalmente en Reddit y Telegram). Como los creadores no tenían planes serios para su moneda, no elaboraron una hoja de ruta y no estaban trabajando demasiado en la mejora de su proyecto. El fundador de Dogecoin, Jackson Palmer, dejó el proyecto en 2015.
|
Stellar es una red de criptomonedas de código abierto lanzada por la Fundación de Desarrollo Stellar sin fines de lucro. La moneda en sí se llama Lumen (XLM). Algunos expertos señalan que este activo tiene similitudes con Ripple debido a sus transacciones rápidas y baratas.
La red Stellar está protegida por el contrato especial que no permite temporalmente que los titulares de grandes cantidades de Lumen la vendan. Stellar funciona como una plataforma de intercambio donde Lumen se utiliza para pagar una pequeña tarifa de intercambio. El proyecto tiene un alto nivel de descentralización y proporciona igualdad para todos sus participantes. Tiene una de las mayores capitalizaciones de mercado.
|
Tipo
| coin | coin |
Fecha de creación
| 2013 | 2014 |
País
| International | International |
Idiomas
| Sin datos | Sin datos |
Equipo
| Public | Public |
Protocolo
| Sin datos | Public blockchain |
Precio actual (USD)
| 0.3204 | 0.3543 |
Punto más alto (USD)
| 0.0188 | 0.9381 |
Intercambiar en el precio (24h)
| 1.45 | -4.21 |
Volumen (24h)
| 284418699.36399 | 55847142.07570 |
Hashrate
| 180000 | Sin datos |
Suministros máximos
| Sin datos | 50000000000.00000 |
Suministro total
| Sin datos | Sin datos |
Suministros circulantes
| 99999999999.99999 | 50001786911.16300 |
Velocidad de transacción / Tiempo de Bloque
| 33 | 2000 |
Comisión de transacción
| Sin datos | Sin datos |
Rentabilidad minera
| Sin datos | Sin datos |
Algoritmo
| Scrypt | Sin datos |
Tipo de prueba
| PoW | Sin datos |
Totalmente preminado
| Sin datos | Sin datos |
Dirección de contrato inteligente
| Sin datos | Sin datos |
Total de monedas extraídas
| 125408835593.31000 | 20223415802.00000 |
Es el comercio
| yes | yes |
Recompensa de bloque
| 0.000000000000 | 0.000000000000 |
Tiempo de bloque
| Sin datos | Sin datos |
| Empresa | ||
|---|---|---|
| User rating | 7 reseñas de los usuarios | 3 reseñas de los usuarios |
| Cryptogeek rating | ||
| Puntaje de confianza ¿Cómo funciona? |
| Sobre |
Dogecoin (DOGE) se fundó en los Estados Unidos en 2013 como una broma, pero rápidamente ganó un gran número de seguidores. Se convirtió en una criptomoneda popular (DOGE) utilizada para inclinar a los creadores de contenido (principalmente en Reddit y Telegram). Como los creadores no tenían planes serios para su moneda, no elaboraron una hoja de ruta y no estaban trabajando demasiado en la mejora de su proyecto. El fundador de Dogecoin, Jackson Palmer, dejó el proyecto en 2015.
|
Stellar es una red de criptomonedas de código abierto lanzada por la Fundación de Desarrollo Stellar sin fines de lucro. La moneda en sí se llama Lumen (XLM). Algunos expertos señalan que este activo tiene similitudes con Ripple debido a sus transacciones rápidas y baratas.
La red Stellar está protegida por el contrato especial que no permite temporalmente que los titulares de grandes cantidades de Lumen la vendan. Stellar funciona como una plataforma de intercambio donde Lumen se utiliza para pagar una pequeña tarifa de intercambio. El proyecto tiene un alto nivel de descentralización y proporciona igualdad para todos sus participantes. Tiene una de las mayores capitalizaciones de mercado.
|
|---|---|---|
| Tipo | Tipo coin | Tipo coin |
| Fecha de creación | Fecha de creación 2013 | Fecha de creación 2014 |
| País | País International | País International |
| Idiomas | Idiomas Sin datos | Idiomas Sin datos |
| Equipo | Equipo Public | Equipo Public |
| Protocolo | Protocolo Sin datos | Protocolo Public blockchain |
| Precio actual (USD) | Precio actual (USD) 0.3204 | Precio actual (USD) 0.3543 |
| Punto más alto (USD) | Punto más alto (USD) 0.0188 | Punto más alto (USD) 0.9381 |
| Intercambiar en el precio (24h) | Intercambiar en el precio (24h) 1.45 | Intercambiar en el precio (24h) -4.21 |
| Volumen (24h) | Volumen (24h) 284418699.36399 | Volumen (24h) 55847142.07570 |
| Hashrate | Hashrate 180000 | Hashrate Sin datos |
| Suministros máximos | Suministros máximos Sin datos | Suministros máximos 50000000000.00000 |
| Suministro total | Suministro total Sin datos | Suministro total Sin datos |
| Suministros circulantes | Suministros circulantes 99999999999.99999 | Suministros circulantes 50001786911.16300 |
| Velocidad de transacción / Tiempo de Bloque | Velocidad de transacción / Tiempo de Bloque 33 | Velocidad de transacción / Tiempo de Bloque 2000 |
| Comisión de transacción | Comisión de transacción Sin datos | Comisión de transacción Sin datos |
| Rentabilidad minera | Rentabilidad minera low | Rentabilidad minera low |
| Algoritmo | Algoritmo Scrypt | Algoritmo Sin datos |
| Tipo de prueba | Tipo de prueba PoW | Tipo de prueba Sin datos |
| Totalmente preminado | Totalmente preminado Sin datos | Totalmente preminado Sin datos |
| Dirección de contrato inteligente | Dirección de contrato inteligente Sin datos | Dirección de contrato inteligente Sin datos |
| Total de monedas extraídas | Total de monedas extraídas 125408835593.31000 | Total de monedas extraídas 20223415802.00000 |
| Es el comercio | Es el comercio yes | Es el comercio yes |
| Recompensa de bloque | Recompensa de bloque 0.000000000000 | Recompensa de bloque 0.000000000000 |
| Tiempo de bloque | Tiempo de bloque Sin datos | Tiempo de bloque Sin datos |
Social
Sitio web
| dogecoin.com | www.stellar.org |
| @dogecoin | Stellar |
| Sitio web | Sitio web dogecoin.com | Sitio web www.stellar.org |
|---|---|---|
| Twitter @dogecoin | Twitter Stellar |
Ventajas
| Comunidad fuerte y amigable Popularidad Integración a numerosas plataformas | Volumen de comercio mejorado El protocolo de consenso es rápido Tarifas diarias mejoradas Actualizaciones constantes |
Desventajas
| El lado técnico es bastante débil | Fuerte competencia de Ripple Demasiado enfoque en la red en crecimiento Sin recompensas de minería |
Clasificación
| User rating | User rating 7 reseñas de los usuarios | User rating 3 reseñas de los usuarios |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Ventajas | Ventajas Comunidad fuerte y amigable Popularidad Integración a numerosas plataformas | Ventajas Volumen de comercio mejorado El protocolo de consenso es rápido Tarifas diarias mejoradas Actualizaciones constantes |
| Desventajas | Desventajas El lado técnico es bastante débil | Desventajas Fuerte competencia de Ripple Demasiado enfoque en la red en crecimiento Sin recompensas de minería |
La calificación de Dogecoin (DOGE) es 4.7, basada en 7 opiniones de usuarios. La calificación de los usuarios de Stellar (XLM) es 5, basada en 3 opiniones de los usuarios.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| Elegimos al ganador basado en nuestra calificación de confianza ¡Por favor recuerde, todavía depende de usted que empresa elegir! ¿Cómo calculamos el puntaje de confiaza? |
We can't say which of these coins is a better investment. By all parameters, Stellar is, of course, a more serious and promising project. Any solid crypto project is better than Dogecoin regarding promo and technology. However, there is one thing. Dogecoin proved to be a strong player in the crypto market. On several occasions, its price was growing amidst the crypto market decline. The price spikes of DOGE can be triggered by unpredictable events. The investment potential of this coin is hard to forecast. If you are more like a gambling kind of investor, then Dogecoin might be a proper coin. Stellar is a stable and prosperous project. It probably won't have significant quick price surges, but most likely, its price will grow in the future.
This article compares two popular crypto coins, Dogecoin and Stellar Lumens. As of August 2022, both of them have their place in the top 30 cryptocurrencies by market cap. These coins are popular but for different reasons. Stellar Lumens (XLM) is part of a network of the same name. This network aims to bridge multiple crypto assets with fiat currencies and connect all possible payment operators. Dogecoin is a different thing. In general, it is just a little tweaked Bitcoin clone. Most experts agree that technology-wise, this coin doesn't offer anything new or solid. It is popular just because of the strong community around this crypto and is supported by the likes of Elon Musk, Vitalik Buterin, and other influencers. Read this article to learn about the strong and weak sides of these coins and see which one of them meets your requirements.
- What Is Dogecoin?
- What Is Stellar Lumens?
- Dogecoin vs. Stellar Lumens (table)
- Dogecoin vs. Stellar Lumens (details)
What Is Dogecoin?
Dogecoin is the only cryptocurrency with a multi-million market cap with no official dev team or budget. For years, the coin has been promoted solely by Dogecoin enthusiasts. Numerous flash mobs, charity initiatives, memes, and celeb support have been successfully driving the price and popularity of Dogecoin.
This cryptocurrency was started as a joke and a parody, but somehow Dogecoin quickly gained notoriety. Dogecoin forked from Litecoin in December 2013. Dogecoin utilizes PoW so that it can be mined, and it has no supply limit. Dogecoin has no features on top of serving as a means of exchange.
As of August 2022, DOGE's market cap is the 11th most significant market cap in the crypto industry. It amounts to $9 billion. The popularity of Dogecoin triggered a series of DOGE clones. Some of them perform pretty well; for instance, as of August 2022, the Shiba Inu coin has the 13th largest market cap.
What Is Stellar Lumens?
Stellar Lumens (XLM) is a native coin of the Stellar network. Stellar works as a platform aimed at connecting different cryptocurrencies, fiat currencies, finance institutions, CBDCs, and payment processors for swift exchange.
XLM is used as an intermediary currency for transactions on Stellar. The exchange is decentralized. Stellar has a fixed inflation rate which is 1%. Due to cheapness and ease of use, XLM helps to make cross-border transactions and exchange currencies to unbanked populations or people living in areas where banks are not that convenient and cheap. Another goal is to provide connectivity between financial institutions.
The project was launched in 2015 by former Ripple employee Jed McCaleb. The dev team has created a unique consensus protocol for the project. It is called the Stellar Consensus Protocol.
Dogecoin vs. Stellar Lumens (table)
| Factor | Dogecoin | Stellar |
| The price as of August 2022 | $0.067 | $0.118 |
| Market cap as of August 2022 | $9 billion | $3 billion |
| Rank as of August 2022 | #11 | #29 |
| All-time high | $0.73 (May 8, 2021) | $0.875 (January 3, 2018) |
| Decline (compared to all-time high) | 90.2% | 85.6% |
| All-time low | $0.0000869 (May 6, 2015) | $0.000476 (March 5, 2015) |
| Growth (compared to an all-time low) | 82,757.3% | 26,325.4% |
| Popular markets | Binance, Upbit, BKEX, MEXC Global, Coinbase, Gate.io | P2PB2B, Dcoin, Binance, Upbit, Coinbase, AAX |
| Platform | Litecoin | Stellar |
| Consensus mechanism | PoW | Stellar Consensus Protocol |
| Products | - | MoneyGram Access, Kelp, Freighter |
| Use cases | means of exchange, charity, tips | means of exchange, DEX |
Dogecoin vs. Stellar Lumens (details)
The price and the market cap
As of August 2022, Dogecoin has a much larger market cap than Stellar. The latter has a market cap of $3 billion, while Dogecoin's capitalization exceeds $9 billion. As for the price, XLM costs twice as much as DOGE. The coins' prices are 12 cents (Stellar Lumens) and 6 cents (Dogecoin). The difference is maybe not that crucial, considering that both currencies are among the industry leaders. Stellar price is more volatile. Dogecoin depends on external promotion more heavily.
Popular markets
The exchanges where people trade XLM and DOGE the most are nearly the same for these coins. We can add that Dogecoin seems to be better presented on the exchanges thanks to its viral popularity in the crypto community. Many people seek ways to buy or sell DOGE. Some people even try to mine it.
Platform
Initially, Stellar was created on top of Ripple. However, now it has a unique code. Dogecoin is a low-effort digital asset that cannot impress us with its technology side. It is just a Litecoin fork.
Consensus mechanism
Stellar has a unique approach toward consensus. We appreciate the custom protocol created by Stellar's dev team.
Products
Dogecoin has nothing to offer on top of being a means of exchange. Stellar is more multi-purpose.
Use cases
Dogecoin is used for tipping content creators on Twitter and Reddit. The coin was used for several charity actions. Primarily, the coin is used for trading. Also, it is accepted as a payment method on some web shops. Stellar is used as money, too, but its use cases spread much broader than that. Stellar can be used to give opportunities to people who cannot use regular bank services and widen the functionality sets of FinTech platforms by adding crypto assets. It makes Stellar an important multi-purpose network helping big players on par with ordinary end-users.
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