Dogecoin Price Tops $0.14 on Major Exchanges (DOGE)

Dogecoin (DOGE) traded 5.4% lower against the dollar during the 24-hour period ending at 13:00 PM ET on April 29th. One Dogecoin coin can currently be purchased for approximately $0.14 or 0.00000225 BTC on cryptocurrency exchanges. Dogecoin has a total market capitalization of $20.47 billion and $975.04 million worth of Dogecoin was traded on exchanges in the last 24 hours. During the last seven days, Dogecoin has traded 12% lower against the dollar.

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

• Litecoin (LTC) traded down 1.4% against the dollar and now trades at $83.59 or 0.00132484 BTC.
• UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $5.86 or 0.00009286 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.
• DEI (DEI) traded 1.5% lower against the dollar and now trades at $0.0188 or 0.00000030 BTC.
• Polymath (POLY) traded 0.4% higher against the dollar and now trades at $0.10 or 0.00000162 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.

About Dogecoin

Dogecoin 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 144,086,786,384 coins. Dogecoin’s official website 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 currently possible to purchase alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to acquire Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dogecoin using one of the exchanges listed above.

DOGE/USD price chart by TradingView