The latest price of Dogecoin at 00:00 on October 8, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) on the Move

As of October 8, 2024, 00:00, the latest price of Dogecoin (DOGE) stands at $0.11185227157403. Over the past 24 hours, the trading volume has reached $729,319,255.48015, with a 0.31415363% decrease in price.

The circulating supply of DOGE is 146,268,926,383.71, while the maximum supply and total supply remain unknown. This circulating supply translates to a market capitalization of $16,360,511,676.712.

Dogecoin in Perspective

Dogecoin has experienced significant growth since its creation in 2013. Initially conceived as a joke based on the popular "Doge" meme, DOGE has captured the attention of investors and crypto enthusiasts. Its price volatility and strong community support have contributed to its popularity.

The unique features of Dogecoin include its unlimited supply, making it inflationary over time. However, the low transaction fees and fast transaction processing have attracted users and businesses alike.

Outlook for DOGE

The future of Dogecoin remains uncertain, as with all cryptocurrencies. However, its strong community, growing adoption, and potential use cases as a microtransaction currency could contribute to its continued relevance in the crypto market.

While DOGE's price fluctuations can be unpredictable, the long-term growth potential and potential for disruption within the digital payments industry suggest that investors and enthusiasts alike should keep an eye on this enigmatic cryptocurrency.