Dogecoin One Day Trading Volume Hits $6.25 Billion (DOGE)

Dogecoin (DOGE) traded 21.4% higher against the U.S. dollar during the 24 hour period ending at 14:00 PM ET on March 28th. Dogecoin has a total market cap of $31.84 billion and $6.25 billion worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for about $0.22 or 0.00000313 BTC on cryptocurrency exchanges. During the last week, Dogecoin has traded up 47.2% against the U.S. dollar.

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

• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $95.03 or 0.00134064 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.07 or 0.00008560 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• DEI (DEI) traded down 3.1% against the dollar and now trades at $0.0201 or 0.00000028 BTC.
• Polymath (POLY) traded down 0.2% against the dollar and now trades at $0.11 or 0.00000148 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

Dogecoin Profile

Dogecoin (CRYPTO:DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on December 6th, 2013. Dogecoin’s total supply is 143,655,806,384 coins. The official website for Dogecoin is dogecoin.com. The Reddit community for Dogecoin is https://reddit.com/r/dogecoin and the currency’s Github account can be viewed here. Dogecoin’s official Twitter account is @dogecoin and its Facebook page is accessible 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.”

Buying and Selling Dogecoin

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

DOGE/USD price chart by TradingView