Recently, the market performance of Dogecoin has attracted widespread attention. Data shows that this cryptocurrency has seen a cumulative increase of over 161 times in the past year, meaning that if an investor had invested 10,000 RMB a year ago, the current market value would have soared to 1.61 million RMB.
This astonishing increase quickly topped the trending searches on Weibo, sparking heated discussions in the investment community. This article will detail the purchasing process and market prospects of Dogecoin, providing investors with a practical guide.
1. Analysis of the Full DOGE Purchase Process#
As an asset listed on over 120 mainstream exchanges worldwide, Dogecoin can be traded on platforms such as Binance, OKX, and Huobi. The following is a complete purchasing process using the OKX exchange as an example:
Step 1: Register an OKX Account#
Click the exclusive link below to register an account and enjoy fee reductions and blind box benefits:
Official Registration Channel | Backup Link
Registration Process:
- Enter your email to complete basic registration
- Bind your +86 mobile number to receive a verification code
- Select your residence area (recommended to match your ID)
- Set a strong login password
Step 2: Convert Fiat to USDT#
After completing identity verification, purchase the stablecoin USDT through the C2C channel:
- Go to [I Want to Buy Coins] → [C2C Trading]
- Choose Alipay/WeChat/Bank Card as the payment method
- Complete the RMB-USDT exchange at market price
Step 3: Spot Trade DOGE#
- Transfer USDT to your trading account
- Search for the DOGE/USDT trading pair
- Choose market/limit order to complete the trade
2. Analysis of DOGE Investment Value#
Technical Advantages#
- Daily active addresses exceed 70,000, ranking among the top three cryptocurrencies
- Daily trading volume surpasses $260 million
- Network processing capability is superior to mainstream coins like LTC and BCH
Market Characteristics#
- Strong community culture, aligning with "anti-institution" investment sentiment
- Continuous support from celebrities like Elon Musk
- Low unit price, making it easier for retail investors to participate
3. Investment Advice for Beginners#
- Control Position: It is recommended to allocate no more than 5% of total assets
- Stay Updated: Closely follow Elon Musk's social media trends
- Set Stop-Loss: Utilize the exchange's take profit and stop-loss features
- Diversify Investments: Pair with mainstream coins like BTC and ETH
Further Reading#
Top 10 Exchanges Authority Ranking 2025
Real Wealth Stories in the Crypto World
Popular Searches#
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