The latest price of Dogecoin at 03:00 on October 27, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Witness Steady Gains: Latest Price Movement Analysis

As of October 27, 2024, at 03:00 UTC, Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at $0.13598815248524, experiencing a notable 0.89367604% surge over the past 24 hours.

Trading Volume and Market Performance

Over the same 24-hour period, DOGE has registered a substantial trading volume of $1,204,187,108.1885, indicating a bustling market amidst the recent price increase.

Supply and Market Dominance

Dogecoin's circulating supply stands at 146,530,966,383.71, with no defined maximum supply. The total supply of DOGE remains the same at 146,530,966,383.71, with a circulating market capitalization of $19,926,475,400.397.

Market Ranking

At the time of writing, Dogecoin ranks as the 10th largest cryptocurrency by market capitalization, demonstrating its continued prominence within the crypto market.

Long-Term Outlook

While Dogecoin's value has historically been driven by community enthusiasm and social media hype, analysts believe that the steady price increase witnessed over the past 24 hours could signal a more sustained bullish trend. However, as with any cryptocurrency investment, investors should conduct thorough research and exercise caution.

Disclaimer

The information provided in this article should not be construed as financial advice. It represents a snapshot of the market conditions at a specific moment in time and can change rapidly. Investors should always seek professional guidance before making any investment decisions.