$USDC DOGE and USDC currency pair offers investors a way to trade between Dogecoin and the USDC stablecoin. Dogecoin was created in 2013, initially with a humorous character, with the Shiba Inu as its emblem, emerging based on Internet meme culture. Unlike limited-supply cryptocurrencies like Bitcoin, Dogecoin has no maximum supply limit, with 10,000 coins mined every minute.
1 USDC can be exchanged for 5.74 DOGE coins.
USDC is a stablecoin issued by Circle, which maintains a 1:1 peg to the US dollar, fully backed by dollars and dollar equivalents, used for value transfer on-chain, allowing for sending, storing, and receiving funds between individuals and businesses without the need for third-party financial institutions. In the exchange market, the exchange rate between the two constantly varies. For example, at any given moment, 1 USDC is approximately equivalent to 8.48 DOGE, meaning 1 DOGE can be exchanged for approximately 0.12 USDC. In the last hour, the DOGE/USDC exchange rate may have increased by 0.83%, and over 24 hours it has risen by 8.77%. Investors can use cryptocurrency exchange platforms to take advantage of this currency pair, based on market conditions and their own judgment, buying Dogecoin with USDC in anticipation of a price increase for profit, or selling Dogecoin in exchange for USDC to avoid risks.
