Dogecoin Trading Down 1.1% Over Last 7 Days (DOGE)

Dogecoin (DOGE) traded 0.9% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on June 30th. In the last week, Dogecoin has traded 1.1% lower against the US dollar. Dogecoin has a market capitalization of $17.69 billion and approximately $324.66 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can now be bought for approximately $0.12 or 0.00000199 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Litecoin (LTC) traded 0.2% lower against the dollar and now trades at $74.63 or 0.00121345 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.82 or 0.00009461 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 47.1% higher against the dollar and now trades at $0.13 or 0.00000206 BTC.
• DEI (DEI) traded 1.7% lower against the dollar and now trades at $0.0132 or 0.00000022 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

Dogecoin Profile

DOGE is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on December 6th, 2013. Dogecoin’s total supply is 144,923,366,384 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 presently possible to buy alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dogecoin using one of the exchanges listed above.

DOGE/USD price chart by TradingView