The latest price of Dogecoin at 00:00 on December 03, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Spikes With Surge in Volume

As of December 3, 2024, 00:00 UTC, the price of Dogecoin (DOGE) stood at $0.43347669058365. The 24-hour trading volume for DOGE was $14001609548.152, indicating a significant increase in trading activity.

Over the past 24 hours, DOGE's price experienced a notable surge of 1.16181994%. This price increase comes amidst a broader market recovery in the cryptocurrency sector.

The total supply of DOGE currently stands at 147034766383.71, with a circulating supply of 147034766383.71 DOGE. This places DOGE's market capitalization at $63736143932.749, making it one of the largest cryptocurrencies by market valuation.

The recent price spike and increase in trading volume suggest that DOGE is gaining renewed interest among investors. The cryptocurrency has been gaining popularity due to its unique appeal, its association with the popular Dogecoin meme, and its acceptance by some major retailers as a form of payment.

Analysts believe that the current market conditions are favorable for DOGE. The cryptocurrency has historically benefited from periods of positive market sentiment and increased demand for alternative investments.

However, investors are advised to approach any investment in DOGE with caution. Cryptocurrency markets are highly volatile, and the price of DOGE can fluctuate significantly in a short period of time. As always, it is crucial to conduct thorough research and exercise prudent risk management when investing.