The latest price of Dogecoin at 00:00 on October 30, 2024

(24-hour Dogecoin price trend)

Dogecoin Surge Extends with an 18% Gain in 24 Hours

As of October 30, 2024, 12:00 AM UTC, Dogecoin (DOGE) has witnessed a significant surge in value. Its latest price stands at $0.17724369968647, marking an impressive 18.43135779% increase over the preceding 24 hours.

The recent rally has propelled Dogecoin's 24-hour trading volume to a substantial $3,902,220,544.5297. This surge in trading activity reflects the renewed interest and confidence in the cryptocurrency.

In terms of supply, Dogecoin boasts a total supply of 146,570,466,383.71 DOGE. Its maximum supply is capped at the same amount, ensuring scarcity and potential value appreciation over time. The circulating supply of Dogecoin currently stands at 146,570,466,383.71 DOGE.

The total market capitalization of Dogecoin has reached an impressive $25,978,691,726.62. This indicates that Dogecoin's presence and influence in the cryptocurrency market are steadily growing.

The recent price surge is attributed to several factors, including the ongoing hype surrounding cryptocurrencies, Elon Musk's continued support for Dogecoin, and the release of developments such as Dogechain, a dedicated blockchain for Dogecoin transactions.

As Dogecoin's value continues to fluctuate, it is essential to approach any investment decisions with caution. While the recent surge is encouraging, it is worth noting that the cryptocurrency market remains volatile. Potential investors should carefully consider their risk tolerance and investment goals before making any commitments.