Dogecoin (DOGE) Price Reaches $0.12 on Top Exchanges

Dogecoin (DOGE) traded 1.2% higher against the dollar during the 1-day period ending at 21:00 PM Eastern on June 20th. One Dogecoin coin can now be purchased for approximately $0.12 or 0.00000191 BTC on major exchanges. During the last seven days, Dogecoin has traded down 12.4% against the dollar. Dogecoin has a total market capitalization of $17.92 billion and $729.19 million worth of Dogecoin was traded on exchanges in the last day.

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

  • Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $74.35 or 0.00114776 BTC.
  • UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.71 or 0.00008808 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.
  • DEI (DEI) traded 0% lower against the dollar and now trades at $0.0122 or 0.00000019 BTC.
  • Polymath (POLY) traded down 20% against the dollar and now trades at $0.0936 or 0.00000144 BTC.
  • Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About Dogecoin

Dogecoin 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 144,793,866,384 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.”

Buying and Selling Dogecoin

It is usually not presently possible to buy alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dogecoin using one of the exchanges listed above.

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