Dogecoin Trading 4.9% Higher Over Last Week (DOGE)

Dogecoin (DOGE) traded up 2.2% against the U.S. dollar during the 24-hour period ending at 0:00 AM ET on February 12th. During the last week, Dogecoin has traded up 4.9% against the U.S. dollar. Dogecoin has a market capitalization of $11.73 billion and $356.42 million worth of Dogecoin was traded on exchanges in the last day. One Dogecoin coin can now be bought for about $0.0820 or 0.00000164 BTC on major exchanges.

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

  • Litecoin (LTC) traded up 1.4% against the dollar and now trades at $72.06 or 0.00144313 BTC.
  • UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $4.08 or 0.00008179 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • DEI (DEI) traded 1.2% higher against the dollar and now trades at $0.0235 or 0.00000047 BTC.
  • MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
  • Polymath (POLY) traded 1.6% higher against the dollar and now trades at $0.16 or 0.00000329 BTC.
  • Lotto (LOTTO) traded down 2.1% 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

Dogecoin 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 143,050,916,384 coins. Dogecoin’s official website is dogecoin.com. 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.

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 purchase alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dogecoin using one of the exchanges listed above.

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