Dogecoin Market Capitalization Tops $20.50 Billion (DOGE)

Dogecoin (DOGE) traded 0.6% lower against the dollar during the 1-day period ending at 23:00 PM Eastern on June 13th. Dogecoin has a total market cap of $20.50 billion and $746.13 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be purchased for approximately $0.14 or 0.00000212 BTC on major cryptocurrency exchanges. During the last seven days, Dogecoin has traded 11.9% lower against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Litecoin (LTC) traded up 2.5% against the dollar and now trades at $79.61 or 0.00119379 BTC.
  • UNUS SED LEO (LEO) traded down 3.7% against the dollar and now trades at $5.60 or 0.00008391 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 5.1% higher against the dollar and now trades at $0.11 or 0.00000166 BTC.
  • DEI (DEI) traded down 8.7% against the dollar and now trades at $0.0116 or 0.00000017 BTC.
  • Lotto (LOTTO) traded 2.1% lower 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.

Dogecoin Profile

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 144,700,606,384 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 website is dogecoin.com. 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 currently possible to buy alternative cryptocurrencies such as Dogecoin directly using U.S. dollars. Investors seeking to acquire Dogecoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dogecoin using one of the aforementioned exchanges.

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