What is the total amount of Dogecoin? PIVX coin today's market

With a capped supply of 10 billion DOGE, Dogecoin has maintained its scarcity, while PIVX's privacy-enhancing features and lower supply of 73 million PIVX set it apart in the cryptocurrency market.

Feb 11, 2025 at 04:36 am

Key Points:

• Dogecoin's total supply is capped at 10,000,000,000 DOGE.
• PIVX coin is a privacy-focused cryptocurrency with a total supply of 73,000,000 PIVX.
• Both Dogecoin and PIVX are ranked among the top 100 cryptocurrencies by market capitalization.

What is the Total Amount of Dogecoin?

Dogecoin, a playful and popular cryptocurrency, has a finite total supply of 10,000,000,000 DOGE. This design decision ensures its scarcity and potential for value appreciation over time. Dogecoin's initial supply was released in 2013 and has since steadily expanded through block rewards to miners who validate transactions on the Dogecoin blockchain.

Unlike Bitcoin, which has a predetermined halving mechanism that reduces the number of new coins introduced with each block, Dogecoin has a fixed emission rate. This constant supply of new coins has been a topic of debate within the Dogecoin community, with some arguing that it could potentially limit its long-term value potential.

PIVX Coin Today's Market

PIVX coin is a privacy-centric cryptocurrency that prioritizes the anonymity of its users. It has a total supply of 73,000,000 PIVX, which is significantly lower than that of Dogecoin. PIVX is designed to facilitate private and untraceable transactions through advanced cryptographic techniques.

The PIVX community has been actively developing privacy-enhancing features for the coin, including zerocoin and shielded transactions. These technologies aim to break the link between transactions and the sender and recipient identities, making it challenging to track financial activities.

Rankings of Dogecoin and PIVX

Both Dogecoin and PIVX have been recognized for their unique features and user bases within the cryptocurrency market. Here are their rankings among the top 100 cryptocurrencies by market capitalization:

• Dogecoin: Currently ranked 88th, with a market capitalization of approximately $9 billion.
• PIVX: Currently ranked 95th, with a market capitalization of approximately $600 million.

FAQs:

• Can the total supply of Dogecoin be increased? No, the 10,000,000,000 DOGE limit is fixed and cannot be altered.
• What are the advantages of PIVX's privacy features? PIVX's zerocoin and shielded transactions enhance user privacy by obscuring the sender, recipient, and transaction amount.
• Why is Dogecoin ranked higher than PIVX by market capitalization? Dogecoin has a larger user base, higher trading volume, and wider acceptance among exchanges and merchants.
• What are the risks of investing in Dogecoin or PIVX? Cryptocurrency investments carry inherent risks, including price volatility, regulatory changes, and security threats.
• Where can I buy Dogecoin or PIVX? Both Dogecoin and PIVX are available for purchase on various cryptocurrency exchanges, such as Binance, Coinbase, and Kraken.