Dogecoin Price Reaches $0.15 on Major Exchanges (DOGE)

Dogecoin (DOGE) traded 1.2% lower against the dollar during the one day period ending at 12:00 PM E.T. on April 25th. One Dogecoin coin can currently be purchased for about $0.15 or 0.00000236 BTC on cryptocurrency exchanges. During the last seven days, Dogecoin has traded 0.6% higher against the dollar. Dogecoin has a market capitalization of $21.80 billion and $1.19 billion worth of Dogecoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Litecoin (LTC) traded 1.1% lower against the dollar and now trades at $83.63 or 0.00130360 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.80 or 0.00009047 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 1.3% against the dollar and now trades at $0.0197 or 0.00000031 BTC.
• Polymath (POLY) traded 27.3% lower against the dollar and now trades at $0.0912 or 0.00000142 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.

About Dogecoin

Dogecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on December 6th, 2013. Dogecoin’s total supply is 144,032,546,384 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. The official website for Dogecoin 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.”

Buying and Selling Dogecoin

It is usually not presently possible to purchase alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini 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