Dogecoin Hits 24-Hour Volume of $422.63 Million (DOGE)

Dogecoin (DOGE) traded 4% lower against the U.S. dollar during the one day period ending at 0:00 AM Eastern on March 18th. One Dogecoin coin can now be bought for $0.0748 or 0.00000275 BTC on popular cryptocurrency exchanges. During the last week, Dogecoin has traded up 12.1% against the U.S. dollar. Dogecoin has a total market capitalization of $9.92 billion and $422.63 million worth of Dogecoin was traded on exchanges in the last 24 hours.

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

• Litecoin (LTC) traded 4% lower against the dollar and now trades at $83.78 or 0.00308037 BTC.
• UNUS SED LEO (LEO) traded 5.5% lower against the dollar and now trades at $3.35 or 0.00012317 BTC.
• DEI (DEI) traded 1.5% lower against the dollar and now trades at $0.20 or 0.00000722 BTC.
• NyanCoin (NYAN) traded down 1.9% against the dollar and now trades at $2.46 or 0.00009079 BTC.
• Polymath (POLY) traded up 0.6% against the dollar and now trades at $0.18 or 0.00000675 BTC.
• MegaCoin (MEC) traded down 1.9% against the dollar and now trades at $4.40 or 0.00016252 BTC.
• Lotto (LOTTO) traded 1.9% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded down 0.2% against the dollar and now trades at $0.0082 or 0.00000030 BTC.

Dogecoin Profile

Dogecoin (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 132,670,764,300 coins. The official website for Dogecoin is dogecoin.com. 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.

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.”

Dogecoin Coin Trading

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

DOGE/USD price chart by TradingView