dogi PriceDOGI

What is dogi (DOGI)?

dogi (DOGI) is a cryptocurrency token built on the DRC-20 token standard on Dogecoin, a protocol previously known as Doginals. The project describes itself as the first token deployed on Dogecoin Ordinals and the first DRC-20 token in history; this claim is self-reported and has not been independently verified. The project is owned by Twitter user @lavie_ia and associated with the Dogifdn account, representing a community-driven venture within the Dogecoin ecosystem. The core technology behind dogi revolves around the DRC-20 standard, which is inspired by the BRC-20 standard on Bitcoin. This standard introduces off-chain balance states to the Dogecoin network, aiming to enhance fungibility and utility for tokens built on Dogecoin. The DRC-20 framework allows for the creation and management of fungible tokens on the Dogecoin blockchain, leveraging its robust and secure decentralized ledger. dogi operates on Dogecoin (DOGE) and Dogechain (EVM). The token has a fixed maximum supply of 21,000,000 DOGI. Circulating supply is reported as 21,000,000 DOGI (100% of supply) by the project itself, while CoinMarketCap's static data records a circulating supply of 0; the two figures differ and neither is independently verified. The project launched in 2023 and represents a playful yet ambitious entry into the cryptocurrency landscape. The project states that its mission is to make DRC-20 the leading Doginal standard on Dogecoin; these are the project's own claims rather than independently verified facts.

Key Specifications & Tokenomics

• Name: dogi
• Ticker / Symbol: DOGI
• Blockchain / Platform: Dogecoin (DOGE) and Dogechain (EVM); Token Standard: DRC-20 (also known as Doginals).
• Token Standard: DRC-20
• Launch Date: 2023-03-10 per CoinMarketCap's registry; CoinMarketCap's listing date is 2024-01-02, and a Yahoo Finance profile shows a 2024-01-02 start date.
• Max Supply: 21,000,000 DOGI
• Total Supply: 21,000,000 DOGI
• Circulating Supply: 21,000,000 DOGI (self-reported); CoinMarketCap static data records 0
• Category: Token; Tags: memes, doggone-doggerel, doge-chain-ecosystem, inscriptions, animal-memes.
• Contract Address: 0bd32d69ca2221f3fc34d99aa14bccc2af10eedc7514770ae842ab9a72468743i0
• Official Website: https://dogi.world/
• Explorer: https://explorer.dogechain.dog/token/0bd32d69ca2221f3fc34d99aa14bccc2af10eedc7514770ae842ab9a72468743i0/token-transfers ; https://ordifind.com/token/dogi ; https://wonky-ord.dogeord.io/shibescription/0bd32d69ca2221f3fc34d99aa14bccc2af10eedc7514770ae842ab9a72468743i0
• CertiK Rating: 2.8
• CoinMarketCap ID (UCID): 28901; slug: dogi

Who created dogi (DOGI)?

The creation of dogi (DOGI) is attributed to the Twitter user @lavie_ia, who is identified as the owner. The project is also associated with an account named Dogifdn. dogi is owned by the Twitter user @lavie_ia and is associated with the Dogifdn account; no founding organization, named development team or audit provider is disclosed in the available sources. The project appears to have grassroots origins, driven by a community interested in expanding the functionality of the Dogecoin network through the DRC-20 standard. The anonymity or pseudonymity of the creator is common in the meme coin and inscription space, where community engagement and social media presence often play a more significant role than traditional corporate team disclosures. The association with prominent social media accounts underscores its community-driven development model.

How does dogi (DOGI) work?

dogi operates on the DRC-20 token standard on Dogecoin, also known as Doginals, which is an extension of the Dogecoin network. The DRC-20 standard, which governs dogi, is inspired by the BRC-20 standard found on the Bitcoin network. The core mechanism involves introducing off-chain balance states to the Dogecoin ecosystem. This means that while the Dogecoin blockchain provides the foundational security and decentralization, the DRC-20 protocol manages token balances and transfers through an off-chain system. This approach is designed to enhance the fungibility of tokens on the Dogecoin network, making them easier to trade and use in various applications. The DRC-20 tokens, including dogi, are designed to bring a new era of utility and flexibility to Dogecoin. The technology leverages Dogecoin's decentralized ledger, where every transaction is recorded across a network of computers called nodes, ensuring that no single entity has control over the network. The DRC-20 standard aims to explore the potential of off-chain balance states to create a new level of fungibility within the Dogecoin ecosystem, similar to how BRC-20 tokens function on Bitcoin.

What makes dogi (DOGI) unique and valuable?

dogi (DOGI) distinguishes itself through several key attributes. The project describes itself as the first DRC-20 token and states that its mission is to make DRC-20 the leading Doginal standard on Dogecoin; these are the project's own claims rather than independently verified facts. The project's mission is to establish DRC-20 as the top Doginal standard on the Dogecoin network, supported by a toolkit designed to be as sharp as a Shiba's senses. This ambitious goal aims to bring a new era of fungibility and utility to Dogecoin, leveraging the playful spirit of the community while pursuing serious advancements in blockchain technology. The token's association with prominent social media accounts and its grassroots, community-driven development model add to its unique identity. Furthermore, the fixed supply of 21 million DOGI, mirroring the supply cap of Bitcoin, creates a sense of scarcity. The project's focus on the DRC-20 standard, inspired by the successful BRC-20 model, positions it at the forefront of innovation within the Dogecoin ecosystem, aiming to enhance the network's functionality and broaden its use cases beyond simple transactions.

What is dogi (DOGI) used for?

As a DRC-20 token, dogi (DOGI) is primarily used as a fungible digital asset within the Dogecoin ecosystem. Its main utility lies in its role as a token on the DRC-20 token standard on Dogecoin, enabling transfers, trading, and potential integration into various applications built on the Dogechain or compatible platforms. The token is designed to bring new utility and flexibility to the Dogecoin network, potentially serving as a medium of exchange or a store of value within its specific community. dogi has traded on 6 active markets; trading activity is currently very limited. The project's broader goal is to establish the DRC-20 standard as a premier framework for creating and using fungible tokens on Dogecoin, and dogi serves as a flagship example of this standard. Its categorization under Memes, Inscriptions, and DEX Tokens suggests it is used within the context of meme culture, inscription-based assets, and decentralized exchange trading. The token represents a playful yet ambitious venture, and its utility is tied to the growth and adoption of the DRC-20 standard on the Dogecoin network.

How Is the dogi (DOGI) ecosystem developing?

The dogi (DOGI) ecosystem is in its early stages, centered around the development and promotion of the DRC-20 standard on the Dogecoin network. The project's stated mission is to place DRC-20 as the top Doginal standard, which involves building a toolkit to support this goal. The ecosystem is characterized by its grassroots, community-driven nature, with development and promotion largely driven through social media channels like Twitter. dogi has traded on 6 active markets; trading activity is currently very limited. Price pages for dogi are maintained by CoinMarketCap, Crypto.com, Coinbase, Binance, Forbes Digital Assets, The Block and Yahoo Finance; the token has traded on 6 active markets, and trading activity is currently very limited. The development of the ecosystem depends on the adoption of the DRC-20 standard by the broader Dogecoin community and the creation of new applications and use cases for DRC-20 tokens. As the first DRC-20 token, dogi's development is closely tied to the evolution and acceptance of the Doginals protocol itself. The project aims to enhance the Dogecoin network by introducing off-chain balance states, and its ecosystem growth will likely be driven by the success of this technological approach.

How to mine dogi (DOGI)?

dogi is not mined. It is a DRC-20 token: the token was deployed with a fixed supply of 21,000,000 DOGI, and DRC-20 balances are managed by the DRC-20 protocol through an off-chain system while the Dogecoin blockchain provides the underlying security and decentralization. There is no proof-of-work or proof-of-stake reward mechanism for DOGI; the only way to acquire it is to buy it on a market where it trades.

How to keep your dogi (DOGI) Coin safe?

Keeping your dogi (DOGI) tokens safe requires adherence to general cryptocurrency security best practices. Since dogi is a DRC-20 token on the Dogechain and DRC-20 token standard on Dogecoin, it is compatible with wallets that support these standards. You should use a reputable wallet that allows you to manage your own private keys, such as a non-custodial wallet. Never share your private keys or seed phrase with anyone, as this grants full access to your funds. For long-term storage, consider using a hardware wallet that supports the Dogechain or DRC-20 tokens. Be cautious of phishing attempts and fake websites or social media accounts. Always verify the official website (https://dogi.world/) and official channels — https://twitter.com/DogiDrc20 and https://t.me/drc20_doginals — before interacting with any links. When trading on decentralized exchanges, ensure you are interacting with the correct contract address (0bd32d69ca2221f3fc34d99aa14bccc2af10eedc7514770ae842ab9a72468743i0) to avoid counterfeit tokens. CertiK assigns dogi a rating of 2.8 (on CertiK's own scoring scale, as published by CertiK); a rating is not a substitute for independent due diligence. Readers should review the underlying audit reports and on-chain data before interacting with the token. Regularly check for security updates and be mindful of the risks associated with low-liquidity tokens.