Dogecoin Price Tops $0.0997 on Major Exchanges (DOGE)

Dogecoin (DOGE) traded down 10.1% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on July 5th. Dogecoin has a market capitalization of $14.46 billion and approximately $1.71 billion worth of Dogecoin was traded on exchanges in the last day. One Dogecoin coin can currently be bought for about $0.0997 or 0.00000180 BTC on popular exchanges. During the last seven days, Dogecoin has traded down 21.6% against the U.S. dollar.

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

• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.71 or 0.00010315 BTC.
• Litecoin (LTC) traded 14.1% lower against the dollar and now trades at $59.80 or 0.00108034 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 39.3% higher against the dollar and now trades at $0.0994 or 0.00000180 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. It was first traded on December 6th, 2013. Dogecoin’s total supply is 144,989,466,384 coins. The official website for Dogecoin is dogecoin.com. 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.

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 US dollars. Investors seeking to acquire Dogecoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dogecoin using one of the aforementioned exchanges.

DOGE/USD price chart by TradingView