The latest price of Dogecoin at 01:00 on October 10, 2024

(24-hour Dogecoin price trend)

Dogecoin's Steady Growth: A Market Perspective

As of October 10, 2024, at 01:00 UTC, Dogecoin (DOGE) is trading at $0.10977239708613. Over the past 24 hours, the cryptocurrency has witnessed a notable surge, with a 2.88697765% increase in price. This price appreciation has sparked renewed interest among cryptocurrency enthusiasts.

Dogecoin's 24-hour trading volume currently stands at $605,051,074.3005, indicating robust trading activity. The total supply of Dogecoin is capped at 146,297,206,383.71 DOGE, while the circulating supply is also at 146,297,206,383.71 DOGE. This fixed supply mechanism ensures scarcity and potential value retention.

The current market capitalization of Dogecoin is $16,059,395,031.744, making it one of the top-performing cryptocurrencies in the market. Its market cap has been steadily increasing, reflecting growing confidence in the asset.

Dogecoin's price surge and robust trading volume suggest that the cryptocurrency is gaining traction. Its strong community support and unique identity have contributed to its popularity. Moreover, the increasing adoption of cryptocurrencies by mainstream institutions is expected to further support Dogecoin's growth in the future.

Overall, Dogecoin's recent price performance is a testament to its growing acceptance and market resilience. As the cryptocurrency landscape continues to evolve, Dogecoin is well-positioned to capitalize on the growing demand for digital assets.