Dogecoin (DOGE) One Day Trading Volume Reaches $5.98 Billion

Dogecoin (DOGE) traded 6.4% higher against the dollar during the one day period ending at 22:00 PM ET on March 28th. Dogecoin has a total market cap of $30.66 billion and approximately $5.98 billion worth of Dogecoin was traded on exchanges in the last day. In the last week, Dogecoin has traded 40.3% higher against the dollar. One Dogecoin coin can now be purchased for $0.21 or 0.00000302 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Litecoin (LTC) traded down 1.3% against the dollar and now trades at $93.95 or 0.00132761 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.07 or 0.00008580 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 2.1% lower against the dollar and now trades at $0.0203 or 0.00000029 BTC.
• Polymath (POLY) traded up 1.8% against the dollar and now trades at $0.0984 or 0.00000139 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.

About Dogecoin

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 143,660,366,384 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 Twitter account is @dogecoin and its Facebook page is accessible 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.”

Buying and Selling Dogecoin

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

DOGE/USD price chart by TradingView