Dogecoin Trading 5.4% Higher Over Last 7 Days (DOGE)

Dogecoin (DOGE) traded 1.5% lower against the US dollar during the twenty-four hour period ending at 0:00 AM Eastern on September 10th. Over the last seven days, Dogecoin has traded up 5.4% against the US dollar. Dogecoin has a total market cap of $14.74 billion and approximately $466.25 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for $0.10 or 0.00000178 BTC on popular exchanges.

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

• UNUS SED LEO (LEO) traded 1.6% lower against the dollar and now trades at $5.53 or 0.00009737 BTC.
• Litecoin (LTC) traded up 1.1% against the dollar and now trades at $61.26 or 0.00107888 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.
• Polymath (POLY) traded 62.8% lower against the dollar and now trades at $0.0319 or 0.00000056 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

About Dogecoin

Dogecoin (DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was December 6th, 2013. Dogecoin’s total supply is 145,906,816,384 coins. The Reddit community for Dogecoin is https://reddit.com/r/dogecoin and the currency’s Github account can be viewed here. Dogecoin’s official website 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.”

Buying and Selling Dogecoin

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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dogecoin using one of the aforementioned exchanges.

DOGE/USD price chart by TradingView