(24-hour Dogecoin price trend)
At 00:00 UTC on September 11, 2024, the latest price of Dogecoin (DOGE) was $0.10218402261277. The 24-hour trading volume was $628,748,649.49052. Dogecoin's price has increased by 0.08439067% in the past 24 hours.
Key Statistics:
- Circulating Supply: 145,900,296,383.71
- Maximum Supply: None
- Total Supply: 145,900,296,383.71
- Market Capitalization: $14,908,679,184.882
Key Insights:
- Dogecoin's market capitalization places it among the top 10 cryptocurrencies by market value.
- Despite a recent price increase, DOGE remains significantly below its all-time high of $0.7376, set in May 2021.
- The absence of a maximum supply for DOGE means that new coins can be created indefinitely, potentially affecting its long-term value.
- The cryptocurrency's popularity stems largely from its association with the popular "Doge" meme and its endorsement by Tesla CEO Elon Musk.
- Dogecoin's relatively low transaction fees and fast processing times make it attractive for small, everyday transactions.