Dogecoin (DOGE) Tops 24 Hour Volume of $1.44 Billion

Dogecoin (DOGE) traded down 7.7% against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on June 18th. One Dogecoin coin can now be purchased for $0.12 or 0.00000185 BTC on cryptocurrency exchanges. Over the last seven days, Dogecoin has traded down 13.7% against the U.S. dollar. Dogecoin has a total market capitalization of $17.26 billion and approximately $1.44 billion worth of Dogecoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • Litecoin (LTC) traded 6.8% lower against the dollar and now trades at $71.36 or 0.00110467 BTC.
  • UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.66 or 0.00008762 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 0.1% lower against the dollar and now trades at $0.0112 or 0.00000017 BTC.
  • Polymath (POLY) traded 33.1% lower against the dollar and now trades at $0.0807 or 0.00000125 BTC.
  • Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About Dogecoin

Dogecoin (CRYPTO: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 144,762,196,384 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 buy alternative cryptocurrencies such as Dogecoin directly using U.S. dollars. Investors seeking to acquire Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dogecoin using one of the aforementioned exchanges.

Receive News & Updates for Dogecoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Dogecoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.