Dogecoin (DOGE) 24 Hour Trading Volume Tops $1.37 Billion

Dogecoin (DOGE) traded up 11.6% against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on May 3rd. Dogecoin has a market capitalization of $21.65 billion and $1.37 billion worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for about $0.15 or 0.00000239 BTC on popular cryptocurrency exchanges. During the last seven days, Dogecoin has traded up 4% against the U.S. dollar.

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

• Litecoin (LTC) traded 1.8% higher against the dollar and now trades at $82.05 or 0.00130309 BTC.
• UNUS SED LEO (LEO) traded 1.5% lower against the dollar and now trades at $5.87 or 0.00009319 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 2.8% against the dollar and now trades at $0.0177 or 0.00000028 BTC.
• Polymath (POLY) traded up 2.7% against the dollar and now trades at $0.0916 or 0.00000146 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.

About Dogecoin

Dogecoin (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 144,145,696,384 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.”

Dogecoin Coin Trading

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 Changelly, Gemini 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