Community Driven • Elon's Favorite • The People's Crypto
Doge
The Cryptocurrency That's Taking Over the World
Outperforming Bitcoin Since Inception
According to Raoul Pal, CEO of Real Vision, Dogecoin has surged 550% more than Bitcoin since its launch in December 2013.
Historical Performance
- • Started at 0.00000066 BTC
- • Current: 0.00000437 BTC
- • Total Gain: 562% vs BTC
Key Insights
- • Referred to as "harder money"
- • Growing adoption
- • Strong resilience
Note: While Dogecoin has shown significant gains, future performance remains subject to market dynamics.
X Money Integration: The Next Catalyst
X Money, the platform's new payment service, is set to launch in 2025, potentially bringing significant opportunities for Dogecoin integration.
Recent Developments
- •Beta testing commenced in May 2025
- •Licenses secured in 39 US states
- •Visa partnership for fiat payments
- •Phased rollout strategy confirmed
Dogecoin Integration Signals
- •Elon Musk's continued support
- •DOGE ticker used in official naming
- •Strong community anticipation
- •Regulatory progress in key states
Current Status & Timeline
As of June 2025, X Money is in beta testing with an initial focus on fiat currencies. While Dogecoin integration hasn't been officially confirmed, the combination of Elon Musk's support and the platform's progress in securing necessary licenses creates a compelling case for future DOGE support.
Initial Launch
Fiat currencies first, with Visa partnership
Regulatory Progress
39 states approved, expansion ongoing
Future Potential
Crypto integration likely in later phases
Note: While the potential for Dogecoin integration is promising, users should wait for official announcements from X regarding cryptocurrency support.
Grayscale Dogecoin Trust
Launched on January 31, 2025, the Grayscale Dogecoin Trust provides accredited investors with exposure to Dogecoin through a traditional security structure, simplifying crypto investment while maintaining regulatory compliance.
Key Features
- •Expense Ratio: 2.50%
- •Inception: January 30, 2025
- •NAV per Share: $5.97 (May 30, 2025)
- •Dogecoin per Share: 29.75 DOGE
Performance Metrics
- •1 Month Return: +16.15%
- •3 Month Return: -0.67%
- •Cumulative Return: -40.24%
- •AUM: $2.26M
Recent Developments & Future Outlook
Grayscale has filed to convert the trust into a spot ETF, potentially broadening access to retail investors. The initial launch boosted Dogecoin's price by 3%, demonstrating institutional interest in the asset.
Market Impact
3% price increase on launch day
ETF Conversion
Filed for spot ETF conversion
Accessibility
Currently for accredited investors only
Investment Considerations
- •Shares are restricted for one year after purchase
- •Higher expense ratio compared to typical ETFs
- •Performance tracks DOGE price minus fees
- •Potential for increased liquidity with ETF conversion
Note: The trust's performance reflects market volatility and the impact of fees. Investors should consider their risk tolerance and investment objectives before participating.
Meme Coin Market Comparison
As of June 1, 2025, Dogecoin maintains its position as the leading meme coin by market capitalization, while newer entrants like PEPE and FARTCOIN show varying levels of growth and market activity.
Market Cap
- •DOGE: $29B
- •PEPE: $4.7B-$5.4B
- •FART: $1.11B
Daily Volume
- •DOGE: $1.7B-$2B
- •PEPE: $1.5B-$2.4B
- •FART: $195M
Monthly Return
- •DOGE: +9.69%
- •PEPE: +30.72%
- •FART: +433.33%
Recent Performance Analysis
Short-Term Trends
- • 24h: DOGE -2%, PEPE -13%, FART +0.06%
- • 7d: DOGE -16.11%, PEPE -15.76%, FART -24.60%
- • All coins showing recent weakness
Supply Context
- • DOGE: 149.5B circulating
- • PEPE: 420.69T circulating
- • FART: 1B circulating
Key Takeaways
- •Dogecoin maintains market leadership with highest liquidity
- •PEPE shows strong growth potential with high trading volume
- •FARTCOIN demonstrates highest volatility and growth
- •All meme coins currently experiencing short-term weakness
Note: Market data as of June 1, 2025. Meme coins are highly volatile and speculative investments. Past performance does not guarantee future results.
Dogecoin Network & Market Overview
Market Metrics
- Price: ≈$0.188 USD
- Market Cap: ~$28.11B
- Circulating Supply: ~149.5B DOGE
- 24h Trading Volume: ~$1.07B
- All-Time High: $0.74 (May 2021)
Network Stats
- Hashrate: ~2.41 PHash/s
- Difficulty: ~35.36M
- Block Time: 1 minute
- Block Reward: 10,000 DOGE + fees
- Active Addresses (24h): ~51,635
Fluminer L2 Home ASIC Miner
The Fluminer L2 is a revolutionary compact ASIC miner targeting Scrypt algorithms (Litecoin/Dogecoin/Bells). It delivers a stable 1 GH/s hash rate while consuming only 230 W of power, yielding an energy efficiency of about 0.23 J/MH (≈4.35 MH/W).
Key Specifications
- Hashrate: 1 GH/s Scrypt
- Power Consumption: 230W
- Efficiency: 0.23 J/MH
- Dimensions: 320×140×140mm
- Weight: 8.2kg
- Noise Level: <50 dB
Features
- High-fidelity speaker system
- USB/Bluetooth audio
- Wi-Fi connectivity
- Mobile app monitoring
- Ultra-quiet operation
- Home-friendly design
Mining Profitability
Daily Metrics
- Revenue: ≈$1.06–$1.19 (≈5.7 DOGE)
- Power Cost: ≈$0.55 (230W×24h @ $0.10/kWh)
- Net Profit: ≈$0.50–0.64 per day
- Annual Profit: ≈$185–$235
ROI Analysis
- Unit Price: $730–$800
- Break-even: 3–4 years
- Power Cost: $0.10/kWh
- Mining Pool: Ethermine-LTC, Aikapool
Mining Profitability Analysis
Mining profitability varies significantly based on hardware, electricity costs, and market conditions. Here's a comprehensive breakdown:
Industrial-Grade ASIC Miners
| Model | Hashrate | Power | Efficiency | Price |
|---|---|---|---|---|
| Bitmain Antminer L9 | 17 GH/s | 3,450W | 203 W/GH | $14,399 |
| VolcMiner D1 | 17 GH/s | 3,900W | 229 W/GH | $12,599 |
| Elphapex DG Hydro 1 | 20 GH/s | 6,200W | 310 W/GH | TBD |
Home and Small-Scale Miners
| Model | Hashrate | Power | Efficiency | Price |
|---|---|---|---|---|
| Fluminer L1 | 5.3 GH/s | 1,200W | 226 W/GH | TBD |
| VolcMiner D1 Mini Pre | 2.2 GH/s | 500W | 227 W/GH | TBD |
| Elphapex DG Home 1 | 2.1 GH/s | 620W | 295 W/GH | TBD |
Profitability Example: Antminer L9
- • Hashrate: 17,000 MH/s
- • Power Consumption: 3,450W
- • Electricity Cost: $0.10/kWh
- • Daily Electricity Cost: $8.28
- • Estimated Daily DOGE: ~88.23
- • DOGE Price: $0.1882
- • Daily Revenue: $16.61
- • Daily Profit: $8.33
Cloud Mining with Miningcoop
Platform Overview
- •Trustpilot Rating: 4.4/5 (Excellent)
- •Daily Earnings: Up to $6,800 (BTC plans)
- •Sign-up Bonus: $100 for new users
- •Contract Terms: 1-7 days flexibility
Key Features
- •Green Energy Operations (Wind & Solar)
- •Cold Wallet Protection & 2FA Security
- •AI-Powered Mining Algorithms
- •No Hidden Fees or Withdrawal Charges
Getting Started
Miningcoop offers instant activation with daily earnings, supporting both Bitcoin and Dogecoin mining. The platform is fully mobile-friendly with no app installation required, making it accessible for beginners and experienced miners alike.
Note: While Miningcoop has established credibility with positive user reviews, always research and consider your risk tolerance before investing in cloud mining.
Key Considerations
Factors Affecting Profitability
- • Electricity costs and availability
- • Initial hardware investment
- • Network difficulty changes
- • Market price volatility
- • Maintenance and cooling costs
Optimization Strategies
- • Use renewable energy sources
- • Join mining pools
- • Monitor market conditions
- • Regular maintenance
- • Consider cloud mining alternatives
Comparison with Other Dogecoin ASICs
| Model | Hashrate | Power | Efficiency | Price |
|---|---|---|---|---|
| Fluminer L2 | 1.0 GH/s | 230W | 0.23 J/MH | $730-800 |
| Goldshell Mini-DOGE III+ | 0.81 GH/s | 500W | 0.62 J/MH | $730 |
| Antminer L9 | 16 GH/s | 3,360W | 0.21 J/MH | $4,000+ |
Elon Musk's Influence on Doge
Elon Musk's relationship with Doge has been transformative for the cryptocurrency:
Key Endorsements
- "The people's crypto" tweet
- SpaceX and Tesla integration discussions
- Twitter/X payment integration
- Mars economy potential
Market Impact
- Significant price movements
- Increased mainstream attention
- Growing institutional interest
- Enhanced credibility
Community
Strong Global Support
Technology
Fast & Efficient
Future
Growing Adoption