Dogecoin (DOGE) traded down 4.2% against the U.S. dollar during the 1 day period ending at 22:00 PM ET on May 6th. One Dogecoin coin can now be bought for about $0.16 or 0.00000247 BTC on popular exchanges. Dogecoin has a market capitalization of $22.71 billion and approximately $1.70 billion worth of Dogecoin was traded on exchanges in the last 24 hours. In the last week, Dogecoin has traded 10.5% higher against the U.S. dollar.
Here is how other cryptocurrencies have performed in the last 24 hours:
- Litecoin (LTC) traded down 0% against the dollar and now trades at $81.35 or 0.00127492 BTC.
- UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.80 or 0.00009084 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 down 1.6% against the dollar and now trades at $0.0189 or 0.00000030 BTC.
- Polymath (POLY) traded down 13.2% against the dollar and now trades at $0.0797 or 0.00000125 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. It was first traded on December 6th, 2013. Dogecoin’s total supply is 144,186,316,384 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. Dogecoin’s official website is dogecoin.com.
Buying and Selling Dogecoin
It is usually not possible to purchase alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first purchase 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 purchase Dogecoin using one of the aforementioned exchanges.
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