Dogecoin (DOGE) Price Hits $0.12 on Top Exchanges

Dogecoin (DOGE) traded down 1.1% against the dollar during the 1 day period ending at 18:00 PM ET on June 29th. In the last week, Dogecoin has traded down 1.9% against the dollar. Dogecoin has a market capitalization of $17.61 billion and approximately $287.06 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can now be bought for $0.12 or 0.00000200 BTC on exchanges.

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

• Litecoin (LTC) traded 3.5% higher against the dollar and now trades at $75.37 or 0.00123891 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.79 or 0.00009520 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 up 4.1% against the dollar and now trades at $0.0134 or 0.00000022 BTC.
• Polymath (POLY) traded 7.7% lower against the dollar and now trades at $0.0886 or 0.00000146 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About Dogecoin

Dogecoin (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 144,914,036,384 coins. The Reddit community for Dogecoin is https://reddit.com/r/dogecoin and the currency’s Github account can be viewed here. The official website for Dogecoin is dogecoin.com. 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 U.S. dollars. Investors seeking to acquire Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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