Dogecoin Market Capitalization Achieves $19.26 Billion (DOGE)

Dogecoin (DOGE) traded 6.9% lower against the dollar during the twenty-four hour period ending at 18:00 PM ET on April 30th. Over the last week, Dogecoin has traded down 16.6% against the dollar. One Dogecoin coin can currently be purchased for $0.13 or 0.00000220 BTC on popular cryptocurrency exchanges. Dogecoin has a market capitalization of $19.26 billion and $1.36 billion worth of Dogecoin was traded on exchanges in the last day.

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

  • Litecoin (LTC) traded 4.3% lower against the dollar and now trades at $79.74 or 0.00131247 BTC.
  • UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.84 or 0.00009617 BTC.
  • NyanCoin (NYAN) traded down 2.2% 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 6.4% lower against the dollar and now trades at $0.0176 or 0.00000029 BTC.
  • Polymath (POLY) traded 0.9% higher against the dollar and now trades at $0.10 or 0.00000169 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

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 144,103,796,384 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.”

Dogecoin Coin Trading

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

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