The latest price of Dogecoin at 00:00 on October 12, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Surge: A Market Insight

As of October 12, 2024, at 00:00 UTC, Dogecoin (DOGE) has reached a notable price of $0.10990232829031. This reflects a surge in value over the past 24 hours, with a trading volume of $678,794,012.46518.

DOGE has experienced a commendable 4.4188711% increase in its price within the last 24 hours. The cryptocurrency's circulating supply currently stands at 146,323,596,383.71 DOGE, with no maximum supply stated. The total supply also remains at 146,323,596,383.71, resulting in a circulating market capitalization of $16,081,303,926.381.

Dogecoin's recent price surge aligns with the broader market trend, where several cryptocurrencies have been experiencing upward movements. Analysts speculate that positive sentiment towards the industry, coupled with increased institutional interest, could be driving the rally.

It is important to note that cryptocurrency markets remain volatile, and investors should exercise caution before making any investment decisions. As with any investment, it is advisable to conduct thorough research and consider one's risk tolerance.