The latest price of Dogecoin at 00:00 on September 29, 2024

(24-hour Dogecoin price trend)

Dogecoin Surges with a 7.78% Gain: Price Analysis

As of September 29, 2024, 00:00 UTC, Dogecoin (DOGE) has witnessed a surge in its value. Its latest price stands at $0.12645070386065, reflecting a significant 7.78503655% increase over the past 24 hours.

The surge in Dogecoin's price has also been accompanied by a substantial increase in its trading volume. In the past 24 hours, the total volume of DOGE traded has reached $1341252382.3161.

Key Metrics:

• Current Price: $0.12645070386065
• 24-Hour Trading Volume: $1341252382.3161
• 24-Hour Price Change: 7.78503655%
• Circulating Supply: 146138526383.71
• Maximum Supply: Unlimited
• Total Supply: 146138526383.71
• Circulating Market Cap: $18479319522.377

Market Analysis:

The recent upswing in Dogecoin's price can be attributed to several factors, including renewed interest from investors and positive sentiment surrounding the cryptocurrency market as a whole. Dogecoin has a large community of loyal supporters, and any positive news or developments tend to boost its value.

In addition, the overall cryptocurrency market has been experiencing a slight uptrend in recent days, providing a favorable backdrop for Dogecoin's price action. Market analysts believe that the positive momentum could continue in the short term, but it's important to note that the cryptocurrency market is volatile, and any gains could be reversed quickly.