Dogecoin (DOGE) Price Tops $0.16 on Exchanges

Dogecoin (DOGE) traded 3.4% higher against the dollar during the one day period ending at 22:00 PM E.T. on April 20th. One Dogecoin coin can currently be bought for approximately $0.16 or 0.00000248 BTC on exchanges. Dogecoin has a total market cap of $23.24 billion and approximately $1.56 billion worth of Dogecoin was traded on exchanges in the last day. During the last week, Dogecoin has traded 7.9% higher against the dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Litecoin (LTC) traded 4% higher against the dollar and now trades at $84.68 or 0.00130270 BTC.
  • UNUS SED LEO (LEO) traded down 1.2% against the dollar and now trades at $5.76 or 0.00008860 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
  • DEI (DEI) traded up 1.9% against the dollar and now trades at $0.0196 or 0.00000030 BTC.
  • Polymath (POLY) traded 7.7% higher against the dollar and now trades at $0.0970 or 0.00000149 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 (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 143,970,226,384 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. The official website for Dogecoin 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 presently possible to buy alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to acquire Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dogecoin using one of the aforementioned exchanges.

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