Dogecoin Trading 1.8% Higher Over Last 7 Days (DOGE)

Dogecoin (DOGE) traded down 1.8% against the dollar during the 1 day period ending at 19:00 PM Eastern on April 23rd. Dogecoin has a total market capitalization of $22.97 billion and $1.05 billion worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for about $0.16 or 0.00000241 BTC on major cryptocurrency exchanges. Over the last week, Dogecoin has traded up 1.8% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Litecoin (LTC) traded down 1.2% against the dollar and now trades at $84.84 or 0.00127954 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.76 or 0.00008694 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 3.3% lower against the dollar and now trades at $0.0195 or 0.00000029 BTC.
• Polymath (POLY) traded down 18.7% against the dollar and now trades at $0.0975 or 0.00000147 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.

About Dogecoin

Dogecoin 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 144,009,276,384 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dogecoin using one of the exchanges listed above.

DOGE/USD price chart by TradingView