Dogecoin 24 Hour Trading Volume Reaches $722.08 Million (DOGE)

Dogecoin (DOGE) traded up 3.4% against the US dollar during the 24 hour period ending at 13:00 PM E.T. on June 19th. Dogecoin has a total market capitalization of $17.94 billion and $722.08 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for $0.12 or 0.00000190 BTC on popular cryptocurrency exchanges. Over the last seven days, Dogecoin has traded down 17% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Litecoin (LTC) traded up 3.7% against the dollar and now trades at $74.33 or 0.00114038 BTC.
  • UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.71 or 0.00008764 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
  • Polymath (POLY) traded 0.2% lower against the dollar and now trades at $0.11 or 0.00000166 BTC.
  • DEI (DEI) traded up 8.8% against the dollar and now trades at $0.0122 or 0.00000019 BTC.
  • Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

Dogecoin Profile

Dogecoin (CRYPTO:DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was December 6th, 2013. Dogecoin’s total supply is 144,776,006,384 coins. Dogecoin’s official Twitter account is @dogecoin and its Facebook page is accessible here. The Reddit community for Dogecoin is https://reddit.com/r/dogecoin and the currency’s Github account can be viewed here. Dogecoin’s official website is dogecoin.com.

According to CryptoCompare, “Dogecoin (DOGE) is a cryptocurrency that was created in 2013 inspired by the Shiba Inu dog meme. It uses underlying technology from Litecoin and has a large circulating supply of 132 billion DOGE. It was initially created as a joke but has gained value due to supply and demand, and has been accepted by large retailers such as Tesla as a payment method. It was created by Jackson Palmer and Billy Markus and uses Litecoin’s Scrypt mining algorithm and is a Proof-of-Work cryptocurrency that can be merged mined with Litecoin. The value of DOGE has increased due to speculation about its potential adoption by products and services from companies owned by Elon Musk, such as Tesla and Twitter.”

Buying and Selling Dogecoin

It is usually not possible to buy alternative cryptocurrencies such as Dogecoin directly using U.S. dollars. Investors seeking to trade Dogecoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dogecoin using one of the exchanges listed above.

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