Dogecoin (DOGE) Tops One Day Volume of $538.36 Million

Dogecoin (DOGE) traded 1.4% higher against the U.S. dollar during the twenty-four hour period ending at 23:00 PM ET on September 11th. Dogecoin has a total market cap of $14.96 billion and approximately $538.36 million worth of Dogecoin was traded on exchanges in the last day. One Dogecoin coin can currently be purchased for $0.10 or 0.00000176 BTC on popular cryptocurrency exchanges. During the last week, Dogecoin has traded up 6.4% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• UNUS SED LEO (LEO) traded up 4.5% against the dollar and now trades at $5.78 or 0.00009922 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $62.33 or 0.00107050 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 up 9.8% against the dollar and now trades at $0.0344 or 0.00000059 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.

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 145,920,196,384 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.”

Dogecoin Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to acquire Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, 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