(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges 14%+ in 24 Hours
October 19, 2024, 03:00 AM UTC - Dogecoin (DOGE), the popular meme-inspired cryptocurrency, has witnessed a significant surge in its price over the past 24 hours.
At the time of writing, the latest price of Dogecoin stands at $0.13888519429162, representing an increase of 14.3476388% from yesterday. This uptrend has been accompanied by a notable increase in trading volume, which currently stands at $2499514569.7237.
Dogecoin's circulating supply remains relatively unchanged at 146421216383.71 DOGE, while its maximum supply and total supply remain unlimited. The current circulating market capitalization for DOGE stands at $20335739085.866.
The reasons behind Dogecoin's recent price spike are not entirely clear, but some analysts speculate that it may be related to increased social media attention and positive sentiment surrounding the token. Dogecoin has a strong and loyal community of supporters, who often engage in online discussions and charitable initiatives.
Despite its volatility, Dogecoin has consistently remained one of the most popular and widely-traded cryptocurrencies in the market. Its large community and low price have made it an attractive option for investors looking to speculate on the potential growth of the crypto asset class.
Please note that cryptocurrency prices are subject to significant fluctuations and investors should conduct thorough research before making any investment decisions.