Dogecoin Price Hits $0.22 on Top Exchanges (DOGE)

Dogecoin (DOGE) traded 21.4% higher against the dollar during the one day period ending at 14:00 PM Eastern on March 28th. Dogecoin has a total market cap of $31.84 billion and $6.25 billion worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be purchased for approximately $0.22 or 0.00000313 BTC on cryptocurrency exchanges. Over the last week, Dogecoin has traded 47.2% higher against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $95.03 or 0.00134064 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.07 or 0.00008560 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 down 3.1% against the dollar and now trades at $0.0201 or 0.00000028 BTC.
• Polymath (POLY) traded down 0.2% against the dollar and now trades at $0.11 or 0.00000148 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 launched on December 6th, 2013. Dogecoin’s total supply is 143,655,806,384 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.

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 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dogecoin using one of the aforementioned exchanges.

DOGE/USD price chart by TradingView

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