Dogecoin (DOGE) Market Cap Reaches $17.90 Billion

Dogecoin (DOGE) traded up 5.3% against the dollar during the 1-day period ending at 7:00 AM E.T. on June 25th. During the last seven days, Dogecoin has traded up 2.5% against the dollar. Dogecoin has a market cap of $17.90 billion and approximately $861.15 million worth of Dogecoin was traded on exchanges in the last day. One Dogecoin coin can currently be bought for about $0.12 or 0.00000201 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.76 or 0.00009396 BTC.
• Litecoin (LTC) traded up 1.4% against the dollar and now trades at $70.88 or 0.00115538 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.
• Polymath (POLY) traded 14% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• DEI (DEI) traded up 10% against the dollar and now trades at $0.0134 or 0.00000022 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 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 144,853,696,384 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. Dogecoin’s official website 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 U.S. dollars. Investors seeking to trade Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, 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