Dogecoin (DOGE) Price Up 2.7% This Week

Dogecoin (CURRENCY:DOGE) traded 1% higher against the U.S. dollar during the 24 hour period ending at 16:00 PM E.T. on July 22nd. One Dogecoin coin can currently be purchased for approximately $0.19 or 0.00000592 BTC on major cryptocurrency exchanges. In the last week, Dogecoin has traded up 2.7% against the U.S. dollar. Dogecoin has a market capitalization of $24.98 billion and $2.01 billion worth of Dogecoin was traded on exchanges in the last day.

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

  • Litecoin (LTC) traded 3.2% higher against the dollar and now trades at $120.35 or 0.00372407 BTC.
  • UNUS SED LEO (LEO) traded 13.2% lower against the dollar and now trades at $2.54 or 0.00007856 BTC.
  • Verge (XVG) traded up 6.3% against the dollar and now trades at $0.0183 or 0.00000056 BTC.
  • Hellenic Coin (HNC) traded up 3.8% against the dollar and now trades at $3.68 or 0.00010892 BTC.
  • Polymath (POLY) traded 3.3% higher against the dollar and now trades at $0.19 or 0.00000589 BTC.
  • XeniosCoin (XNC) traded 2% higher against the dollar and now trades at $1.27 or 0.00003936 BTC.
  • Bytom (BTM) traded up 4.6% against the dollar and now trades at $0.0572 or 0.00000177 BTC.
  • Syscoin (SYS) traded up 2.3% against the dollar and now trades at $0.12 or 0.00000365 BTC.
  • Lotto (LOTTO) traded 10.6% higher against the dollar and now trades at $0.0142 or 0.00000044 BTC.
  • GameCredits (GAME) traded down 1.6% against the dollar and now trades at $0.0939 or 0.00000291 BTC.

Dogecoin Coin Profile

Dogecoin (DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on December 8th, 2013. Dogecoin’s total supply is 130,544,194,864 coins. Dogecoin’s official website is dogecoin.com. The Reddit community for Dogecoin is /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, “A Bitcoin clone that has reached success through clever marketing. Over the past year well over a hundred new cryptocurrencies have been created but not many have instantly carved out a niche. Dogecoin has sponsored multiple high profile events such as Nascar teams and the winter Olympics – even so, there are few locations to use the coin – and instead, it has become a de facto internet tipping currency. The coin has produced 100 billion units by the end of 2014 and is now producing roughly 5 billion units per year. Blockchain data provided by: Blockchair (Main Source), DogeChain (Backup), and WhatToMine (Block Reward and Time only) “

Buying and Selling Dogecoin

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

Receive News & Updates for Dogecoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Dogecoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.