Dogecoin Trading Down 6.2% This Week (DOGE)

Dogecoin (DOGE) traded 1.4% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on June 15th. Over the last seven days, Dogecoin has traded down 6.2% against the dollar. Dogecoin has a total market capitalization of $19.76 billion and approximately $484.47 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for about $0.14 or 0.00000207 BTC on popular exchanges.

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

• Litecoin (LTC) traded up 2.3% against the dollar and now trades at $79.14 or 0.00119777 BTC.
• UNUS SED LEO (LEO) traded 3.7% higher against the dollar and now trades at $5.76 or 0.00008717 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.
• Polymath (POLY) traded up 31.7% against the dollar and now trades at $0.12 or 0.00000179 BTC.
• DEI (DEI) traded 1.9% higher against the dollar and now trades at $0.0117 or 0.00000018 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

Dogecoin Profile

Dogecoin (DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was December 6th, 2013. Dogecoin’s total supply is 144,724,936,384 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 currently possible to buy alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dogecoin using one of the exchanges listed above.

DOGE/USD price chart by TradingView