The latest price of Dogecoin at 00:00 on October 5, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Surges by 3.62%

As of October 5, 2024, 00:00 UTC, Dogecoin (DOGE) was valued at $0.10789413730012. The 24-hour trading volume reached an impressive $717,026,521.86757.

Over the past 24 hours, DOGE witnessed a significant price increase of 3.62336514%. This positive trend has boosted the cryptocurrency's market position.

Key Metrics

• Circulating Supply: 146,227,746,383.71
• Maximum Supply: N/A
• Total Supply: 146,227,746,383.71
• Market Capitalization: $15,777,116,545.411

Analysis

The current market conditions for DOGE indicate a bullish sentiment. The significant increase in trading volume suggests heightened investor interest and potential demand for the cryptocurrency. The positive price movement reflects the growing popularity and acceptance of DOGE within the crypto community.

Dogecoin, known for its association with Elon Musk and its unique meme culture, has gained mainstream attention in recent years. Its low price point and accessible nature have made it a popular choice for retail investors and enthusiasts.

While DOGE remains a volatile asset, its recent price surge highlights the potential for substantial returns for investors who believe in its long-term value. However, it is crucial to exercise caution and consider the risks associated with cryptocurrency investments before making any decisions.