Dogecoin Price Reaches $0.13 on Exchanges (DOGE)

Dogecoin (DOGE) traded 5.2% lower against the U.S. dollar during the one day period ending at 9:00 AM E.T. on April 30th. One Dogecoin coin can now be bought for $0.13 or 0.00000220 BTC on cryptocurrency exchanges. Dogecoin has a total market cap of $19.36 billion and $1.13 billion worth of Dogecoin was traded on exchanges in the last day. Over the last week, Dogecoin has traded down 15.1% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Litecoin (LTC) traded down 5.9% against the dollar and now trades at $78.88 or 0.00128876 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $5.81 or 0.00009493 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.
• DEI (DEI) traded down 4.5% against the dollar and now trades at $0.0179 or 0.00000029 BTC.
• Polymath (POLY) traded up 6.2% against the dollar and now trades at $0.11 or 0.00000183 BTC.
• Lotto (LOTTO) traded down 2.1% 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 Coin Profile

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 144,096,946,384 coins. Dogecoin’s official Twitter account is @dogecoin and its Facebook page is accessible here. Dogecoin’s official website is dogecoin.com. 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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