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I'm going to make it more confusing for you, because the only official price you're going to get is: 1 DOGE = 1 DOGE. The absolute current value of 1M DOGE at a given time is not what any (at least the ones I know of) market cap site gives you.

While the negotiations were clearly very intense, the Dogecoin finally changed hands, establishing a market rate for doge everywhere. Of course, that doesn’t mean a.

It is most often not the quoted price at the exchanges either. This is because most sites have taken the easy way out and are listing the exchange rate of the last trade that has taken place. This is never the current value, but the last settled value, and there's a difference between them: very often people (or bots) have already changed their position based on the last trade, especially if it was a big one. So value at which the last person to settle a trade, even if this was just 1 millisecond ago, is not the price at which you are guaranteed to exchange your DOGE for. Just log into an exchange and look at how the order books change continuously. In order to know the current value of 1M DOGE, you first have to decide whether you're going to buy or sell it, because the bid and ask prices at any given time are always different (if they were the same, there wouldn't be open orders.) On top of that, in DOGE/BTC markets, the lack of decimal places to play with cause a significant gap between bids and asks: as long as we're trading DOGE below 100 satoshis, the gap on these markets will always be more than 1%. Everything traded on a market with orderbooks will have a bid and an ask price bound to a specific amount.

For this example I have downloaded the poloniex BTC/DOGE order book from and entered the first few entries into the table below. Ask Rate Ask Amount Bid Rate Bid Amount 0.00070 0.00020 0.000830 0.000000 0.000190 0.000020 So let's say you want to sell 10M DOGE (made it 10 for easier illustration). You can now calculate your exchange value based on the buy-order book on any (or all) exchanges: the value of your 10M DOGE will be the cumulative exchange value of all bids until you reach the amount you want to sell: Bid Rate Bid Amount Amount Settled Value Remainder 0.00020 424530 3.34470 0.000000 575470 4.49808594 0 this means that 10M DOGE was worth 7.84233223 BTC (sum of 4th column), on poloniex, at the time that i checked the order book. However right now I refreshed the API and I could've gotten 7.853 BTC for my 10M DOGE (because more people created buy orders at 79 satoshis than before.) Please note that this is significantly different from the 80 satoshi * 10M DOGE = 8.0 BTC you'd think you would get when using the settled trade tickers (about $55 difference, you could still get drunk off that, even after taxes) because the last trade was a buy so the ask order book was used to update the ticker price.

Therefore, the value of 1M DOGE is 1M DOGE, until you have traded it and the trade has been settled. You could put that 1M DOGE up for trade at USD 2M, but until that trade gets settled, all you have is 1M DOGE and no USD.:) Edit: typo • • • •. There are two ways to get prices • You can look at a specific exchange and see what's on offer in real time. Mine For Experience Points XP On Android. They're all different, because different people are placing orders. The differences between them are what's called 'Arbitrage', and can be very profitable if you do it right. • You can look at aggregators. These sites scrape data from the exchanges and derive trade-weighted indexes.

As we've seen with the Cryptsy collapse, they can be wildly inaccurate, especially when things are in flux. Here's a couple of snapshots about a minute apart just now: 5 Dogecoin $ 31,623,782 $ 0.000307 102,969,149,213 DOGE $ 611,184 3.05% 5 Dogecoin $ 31,664,043 $ 0.000308 102,969,149,213 DOGE $ 612,756 3.20% Values are in USD, even though most of the market is traded in CNY.

To get the price for a MegaDoge, just take the price above and treat is as dollars. So $308 currently. Easy, huh?:) • • • •.