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Dogecoin (DOGE) is a community-driven meme cryptocurrency, used as a medium of value exchange like Bitcoin. It is primarily used for tipping on Reddit and Twitter, rewarding people who create or share high-quality content. Dogecoin has no maximum supply, with an annual inflation of 5 billion DOGE, approximately 13% of its circulating supply. According to Nasdaq, by 2040 its inflation rate is expected to drop to 2.4%, similar to the current inflation rate of the US dollar, and will continue to decrease over time.
DOGE/USDT is a spot trading pair where DOGE is the base asset and Tether is the quote asset. The price displayed on the page represents the amount of USDT required to purchase 1 DOGE. Buy orders use USDT to exchange for DOGE, while sell orders use DOGE to exchange for USDT.
After a spot order is filled, the relevant assets will be credited to the user's spot account. Whether an order can be filled depends on the order type, order quantity, and market liquidity.