The latest price of Dogecoin at 02:00 on September 18, 2024

(24-hour Dogecoin price trend)

Dogecoin Surges 2.18% as Price Reaches $0.1018

As of September 18, 2024, at 02:00 UTC, Dogecoin (DOGE) has recorded an impressive price increase of 2.18050797% over the past 24 hours. The cryptocurrency's value currently stands at $0.10188758237688, with a substantial 24-hour trading volume of $469,377,406.70021.

Key Metrics:

• Current Price: $0.10188758237688
• 24-Hour Trading Volume: $469,377,406.70021
• 24-Hour Price Change: +2.18050797%
• Circulating Supply: 145,996,526,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 145,996,526,383.71 DOGE
• Market Cap: $14,875,233,108.658

Dogecoin's recent surge in value follows a period of relative stability. The cryptocurrency has maintained a steady price range between $0.090 and $0.110 in recent weeks. However, the latest upward trend suggests that Dogecoin is gaining renewed momentum among investors.

Factors Driving the Rise:

Several factors may have contributed to Dogecoin's recent price increase. One potential factor is the growing acceptance of the cryptocurrency by retail merchants. Tesla, Newegg, and AMC Theaters are among the notable companies that now accept DOGE as a payment option.

Additionally, Dogecoin's meme status and its active community continue to drive its popularity. The cryptocurrency's strong social media presence and the enthusiastic support of its followers have helped to maintain its relevance in the digital asset market.

Future Prospects:

While it is difficult to predict the future price movements of Dogecoin with certainty, the cryptocurrency's recent surge suggests that it has the potential for further growth. The growing adoption of DOGE by businesses and the continued support of its community could provide a solid foundation for its future value.