Dogecoin Hits One Day Trading Volume of $631.79 Million (DOGE)

Dogecoin (DOGE) traded down 0.3% against the US dollar during the twenty-four hour period ending at 14:00 PM Eastern on November 20th. One Dogecoin coin can currently be bought for $0.0798 or 0.00000212 BTC on popular exchanges. Dogecoin has a market capitalization of $11.33 billion and $631.79 million worth of Dogecoin was traded on exchanges in the last day. Over the last seven days, Dogecoin has traded 4.6% higher against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Litecoin (LTC) traded up 0.2% against the dollar and now trades at $70.29 or 0.00186404 BTC.
• UNUS SED LEO (LEO) traded down 3.9% against the dollar and now trades at $3.92 or 0.00010406 BTC.
• DEI (DEI) traded 0.1% lower against the dollar and now trades at $0.0120 or 0.00000032 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded down 11.2% against the dollar and now trades at $0.20 or 0.00000527 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 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

Dogecoin (CRYPTO:DOGE) 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 141,910,206,384 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 trade Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, 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