(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Surge on October 30, 2024
As of 2:00 AM UTC on October 30, 2024, Dogecoin (DOGE) has witnessed a remarkable surge in value, trading at $0.17673420139501. This surge corresponds to an impressive 24-hour trading volume of $4,108,200,379.5986 and a notable 17.3161587% increase in DOGE's price within the past day.
The current circulating supply of Dogecoin stands at 146,571,306,383.71, while its maximum supply remains undisclosed. Furthermore, the total supply of DOGE is also reported as 146,571,306,383.71. This translates into a circulating market capitalization of $25,904,162,781.147.
The recent price increase has resulted in DOGE outperforming Bitcoin in terms of daily percentage gain. Bitcoin's price has exhibited a modest fluctuation within the same time frame.
Analysts attribute the Dogecoin surge to a combination of factors, including increased interest from institutional investors, a growing adoption of the cryptocurrency as a payment method, and positive news surrounding the Dogecoin community.
While the future of DOGE's price remains uncertain, its recent performance has reignited interest and speculation among crypto enthusiasts. It remains to be seen whether this trend will continue in the long term.