(24-hour Dogecoin price trend)
Dogecoin Price Surge: Breaking Down the Key Metrics
As of January 28, 2025, 1:00 PM UTC, Dogecoin (DOGE) is trading at $0.33718145102967, with a 24-hour trading volume of $3,851,005,999.3181. The price of DOGE has witnessed a rise of 4.09731883% over the past 24 hours.
Circulation and Supply
- Current circulating supply: 147,806,076,383.71
- Maximum supply: Not applicable
- Total supply: 147,806,076,383.71
Market Capitalization
The market capitalization of Dogecoin stands at $49,837,467,306.061, placing it among the top cryptocurrencies by market capitalization.
Key Insights
- The recent price surge in Dogecoin is attributed to several factors, including positive developments in the cryptocurrency ecosystem and increased interest from retail investors.
- The launch of the Dogecoin Foundation, which aims to promote the adoption and development of DOGE, has boosted the sentiment surrounding the cryptocurrency.
- The listing of Dogecoin on major exchanges has made it more accessible to a wider audience, contributing to its growth in popularity and trading volume.
- While Dogecoin's price has historically experienced significant volatility, the recent increase suggests a growing level of support and confidence in the cryptocurrency.
Disclaimer
The information presented in this article is for informational purposes only. It does not constitute financial advice or an offer or solicitation to buy or sell any financial instruments. Please conduct your own research and consult with qualified financial professionals before making any investment decisions.