Dogecoin (DOGE) Reaches 24 Hour Trading Volume of $1.12 Billion

Dogecoin (DOGE) traded down 0.8% against the dollar during the twenty-four hour period ending at 22:00 PM E.T. on April 25th. During the last week, Dogecoin has traded 4.5% higher against the dollar. Dogecoin has a total market capitalization of $21.62 billion and $1.12 billion worth of Dogecoin was traded on exchanges in the last day. One Dogecoin coin can currently be purchased for about $0.15 or 0.00000233 BTC on cryptocurrency exchanges.

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

• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $84.35 or 0.00130938 BTC.
• UNUS SED LEO (LEO) traded up 1% against the dollar and now trades at $5.83 or 0.00009043 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 1.6% higher against the dollar and now trades at $0.0208 or 0.00000032 BTC.
• Polymath (POLY) traded 22.5% higher against the dollar and now trades at $0.10 or 0.00000156 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 Coin Profile

Dogecoin (CRYPTO: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 144,037,516,384 coins. 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. 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.”

Dogecoin Coin Trading

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

DOGE/USD price chart by TradingView