The latest price of Dogecoin at 03:00 on October 10, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Uptrend Continues Despite Market Volatility

As of October 10, 2024, at 03:00 UTC, Dogecoin (DOGE) has witnessed a surge in its price, standing at $0.10870653058504. This represents a notable gain of 1.94856535% over the previous 24 hours.

The 24-hour trading volume for DOGE is $618,342,190.19275, indicating a robust market interest in the cryptocurrency. The total circulating supply of DOGE stands at 146,297,786,383.71, while the total supply remains the same.

The market capitalization of Dogecoin has reached $15,903,524,790.043, making it one of the top-performing cryptocurrencies in the market.

Key Indicators

• Price: $0.10870653058504
• 24-hour trading volume: $618,342,190.19275
• Price change (24 hours): +1.94856535%
• Circulating supply: 146,297,786,383.71
• Total supply: 146,297,786,383.71
• Market capitalization: $15,903,524,790.043

Trend Analysis

DOGE has been on an upward trajectory in recent weeks, despite fluctuations in the broader cryptocurrency market. This trend is supported by strong investor sentiment, driven by positive news and developments within the DOGE ecosystem.

The 24-hour price action suggests that DOGE is poised for further gains. The technical indicators, such as the moving averages and relative strength index (RSI), are also pointing towards a bullish sentiment.

Outlook

The outlook for Dogecoin remains positive in the short term. The cryptocurrency has demonstrated resilience during market downturns and is gaining traction due to its loyal community and numerous partnerships.

Analysts predict that DOGE could continue its upward momentum, potentially reaching $0.12 in the coming weeks. Long-term prospects for the cryptocurrency are also promising, as it has a strong foundation and a dedicated developer team.

Disclaimer: The information provided in this analysis is for informational purposes only and should not be construed as financial advice. Investors should always conduct their own research and due diligence before making any investment decisions.