Dogecoin 24 Hour Volume Reaches $383.44 Million (DOGE)

Dogecoin (DOGE) traded up 0.7% against the US dollar during the 1-day period ending at 8:00 AM E.T. on July 11th. In the last seven days, Dogecoin has traded 3.1% lower against the US dollar. Dogecoin has a market cap of $12.73 billion and $383.44 million worth of Dogecoin was traded on exchanges in the last 24 hours. One Dogecoin coin can currently be bought for $0.0745 or 0.00000116 BTC on popular cryptocurrency exchanges.

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

• UNUS SED LEO (LEO) traded 2% higher against the dollar and now trades at $9.56 or 0.00014913 BTC.
• Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $45.14 or 0.00070379 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded 448.1% higher against the dollar and now trades at $0.0772 or 0.00000120 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Dogecoin Coin Profile

Dogecoin (CRYPTO:DOGE) 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 170,737,713,127 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 an open-source, peer-to-peer cryptocurrency launched in December 2013 by Billy Markus and Jackson Palmer. Initially created as a joke based on the “Doge” meme featuring a Shiba Inu named Kabosu, it quickly grew in popularity. Dogecoin runs on a decentralised blockchain, using Proof-of-Work (PoW) and the Scrypt algorithm, making it less energy-intensive than Bitcoin. Its key uses include tipping content creators, donations, and payments for goods and services. The community is known for its charitable initiatives, such as supporting the Jamaican bobsled team and clean water projects. Despite its humorous origins, Dogecoin has developed a strong community and growing ecosystem, with ongoing development by the Dogecoin Core team and governance provided by the Dogecoin Foundation. There is no maximum supply, and miners earn 10,000 DOGE per minute, encouraging frequent usage rather than holding. Dogecoin remains a unique digital asset with widespread community support.”

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

DOGE/USD price chart by TradingView