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 avaliações do usuário | 3 avaliações do usuário |
Cryptogeek rating
Pontuação de Confiança
Como funcionaSobre
|
Dogecoin (DOGE) foi fundada nos Estados Unidos em 2013 como uma piada, mas rapidamente ganhou um grande número de seguidores. Tornou-se uma popular criptomoeda (DOGE) usada para derrubar os criadores de conteúdo (principalmente em Reddit e Telegram). Como os criadores não tinham planos sérios para sua moeda, eles não elaboraram um roteiro e não estavam trabalhando muito na melhoria de seu projeto. O fundador do Dogecoin Jackson Palmer deixou o projeto em 2015.
|
Stellar é uma rede de Criptomoedas de código aberto lançada pela Stellar Development Foundation, sem fins lucrativos. A moeda em si é chamada Lumen (XLM). Alguns especialistas observam que esse ativo tem semelhanças com o Ripple por causa de suas transações rápidas e baratas.
A rede Stellar é protegida pelo contrato especial que não permite temporariamente que os detentores de grandes quantidades de Lumen a vendam. Stellar funciona como uma plataforma de troca onde Lumen é usado para pagar uma pequena taxa de troca. O projecto tem um elevado nível de descentralização e proporciona igualdade a todos os seus participantes. Tem uma das maiores capitalizações de mercado.
|
Tipo
| coin | coin |
Data de fundação
| 2013 | 2014 |
País
| International | International |
Idiomas
| Sem dados | Sem dados |
Time
| Public | Public |
Protocolo
| Sem dados | Public blockchain |
Preço atual (USD)
| 0.1491 | 0.1100 |
Recorde histórico (USD)
| 0.0188 | 0.9381 |
Mudança de Preço (24h)
| 0.94 | 2.44 |
Volume (24h)
| 118266369.33152 | 9024062.36103 |
Hashrate
| 180000 | Sem dados |
Estoque Máximo
| Sem dados | 50000000000.00000 |
Oferta total
| Sem dados | Sem dados |
Estoque em Circulação
| 99999999999.99999 | 50001786995.39353 |
Velocidade de transação/ Tempo de Bloco
| 33 | 2000 |
Taxa de transação
| Sem dados | Sem dados |
Rentabilidade de mineiração
| Sem dados | Sem dados |
Algoritmo
| Scrypt | Sem dados |
Tipo de prova
| PoW | Sem dados |
Totalmente pré-definido
| Sem dados | Sem dados |
Endereço de contrato inteligente
| Sem dados | Sem dados |
Total de moedas extraídas
| 125408835593.31000 | 20223415802.00000 |
Está negociando
| yes | yes |
Recompensa de bloco
| 0.000000000000 | 0.000000000000 |
Hora do bloco
| Sem dados | Sem dados |
| Empresa | ||
|---|---|---|
| User rating | 7 avaliações do usuário | 3 avaliações do usuário |
| Cryptogeek rating | ||
| Pontuação de Confiança Como funciona |
| Sobre |
Dogecoin (DOGE) foi fundada nos Estados Unidos em 2013 como uma piada, mas rapidamente ganhou um grande número de seguidores. Tornou-se uma popular criptomoeda (DOGE) usada para derrubar os criadores de conteúdo (principalmente em Reddit e Telegram). Como os criadores não tinham planos sérios para sua moeda, eles não elaboraram um roteiro e não estavam trabalhando muito na melhoria de seu projeto. O fundador do Dogecoin Jackson Palmer deixou o projeto em 2015.
|
Stellar é uma rede de Criptomoedas de código aberto lançada pela Stellar Development Foundation, sem fins lucrativos. A moeda em si é chamada Lumen (XLM). Alguns especialistas observam que esse ativo tem semelhanças com o Ripple por causa de suas transações rápidas e baratas.
A rede Stellar é protegida pelo contrato especial que não permite temporariamente que os detentores de grandes quantidades de Lumen a vendam. Stellar funciona como uma plataforma de troca onde Lumen é usado para pagar uma pequena taxa de troca. O projecto tem um elevado nível de descentralização e proporciona igualdade a todos os seus participantes. Tem uma das maiores capitalizações de mercado.
|
|---|---|---|
| Tipo | Tipo coin | Tipo coin |
| Data de fundação | Data de fundação 2013 | Data de fundação 2014 |
| País | País International | País International |
| Idiomas | Idiomas Sem dados | Idiomas Sem dados |
| Time | Time Public | Time Public |
| Protocolo | Protocolo Sem dados | Protocolo Public blockchain |
| Preço atual (USD) | Preço atual (USD) 0.1491 | Preço atual (USD) 0.1100 |
| Recorde histórico (USD) | Recorde histórico (USD) 0.0188 | Recorde histórico (USD) 0.9381 |
| Mudança de Preço (24h) | Mudança de Preço (24h) 0.94 | Mudança de Preço (24h) 2.44 |
| Volume (24h) | Volume (24h) 118266369.33152 | Volume (24h) 9024062.36103 |
| Hashrate | Hashrate 180000 | Hashrate Sem dados |
| Estoque Máximo | Estoque Máximo Sem dados | Estoque Máximo 50000000000.00000 |
| Oferta total | Oferta total Sem dados | Oferta total Sem dados |
| Estoque em Circulação | Estoque em Circulação 99999999999.99999 | Estoque em Circulação 50001786995.39353 |
| Velocidade de transação/ Tempo de Bloco | Velocidade de transação/ Tempo de Bloco 33 | Velocidade de transação/ Tempo de Bloco 2000 |
| Taxa de transação | Taxa de transação Sem dados | Taxa de transação Sem dados |
| Rentabilidade de mineiração | Rentabilidade de mineiração low | Rentabilidade de mineiração low |
| Algoritmo | Algoritmo Scrypt | Algoritmo Sem dados |
| Tipo de prova | Tipo de prova PoW | Tipo de prova Sem dados |
| Totalmente pré-definido | Totalmente pré-definido Sem dados | Totalmente pré-definido Sem dados |
| Endereço de contrato inteligente | Endereço de contrato inteligente Sem dados | Endereço de contrato inteligente Sem dados |
| Total de moedas extraídas | Total de moedas extraídas 125408835593.31000 | Total de moedas extraídas 20223415802.00000 |
| Está negociando | Está negociando yes | Está negociando yes |
| Recompensa de bloco | Recompensa de bloco 0.000000000000 | Recompensa de bloco 0.000000000000 |
| Hora do bloco | Hora do bloco Sem dados | Hora do bloco Sem dados |
Social
Site
| dogecoin.com | www.stellar.org |
| @dogecoin | Stellar |
| Site | Site dogecoin.com | Site www.stellar.org |
|---|---|---|
| Twitter @dogecoin | Twitter Stellar |
Vantagens
| Comunidade forte e amigável Popularidade Integração em numerosas plataformas | Aumento do volume de comércio O protocolo de consenso é rápido Taxas diárias melhoradas Atualizações constantes |
Desvantagens
| O lado técnico é muito fraco. | Forte concorrência da Ripple Muito foco no crescimento da rede Sem recompensas de mineração |
Avaliação
| User rating | User rating 7 avaliações do usuário | User rating 3 avaliações do usuário |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Vantagens | Vantagens Comunidade forte e amigável Popularidade Integração em numerosas plataformas | Vantagens Aumento do volume de comércio O protocolo de consenso é rápido Taxas diárias melhoradas Atualizações constantes |
| Desvantagens | Desvantagens O lado técnico é muito fraco. | Desvantagens Forte concorrência da Ripple Muito foco no crescimento da rede Sem recompensas de mineração |
A avaliação de Dogecoin (DOGE) usuários é de 4.7, com base em 7 avaliações de usuários. A avaliação de Stellar (XLM) usuários é de 5.0, com base em 3 avaliações de usuários.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| Escolhemos o vencedor com base em nossa classificação da Pontuação de Confiança. Lembre-se de que ainda depende de você qual empresa escolher! Como calculamos a Pontuação de Confiança? |
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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