The latest price of Dogecoin at 04:00 on November 03, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Soars in November 2024

As of November 3, 2024, at 4:00 AM, Dogecoin (DOGE) has witnessed a surge in its price, reaching $0.15981623362147. The 24-hour trading volume stands at an impressive $1458967654.2427, reflecting the increased demand and liquidity in the market.

Over the past 24 hours, Dogecoin has experienced a positive price shift, gaining -0.25746245%. This upward movement signals a growing appetite among investors and traders for the popular meme coin.

According to the latest market data, the circulating supply of Dogecoin is 146627756383.71, with a maximum supply and total supply yet to be determined. The current circulating market capitalization is a staggering $23433495769.61.

Dogecoin's recent price surge can be attributed to several factors, including growing community support, increased adoption, and speculation. As a decentralized digital currency, Dogecoin is often driven by its community of enthusiasts, who actively promote and use the coin for transactions and as a store of value.

Moreover, the recent surge in interest in memecoins has contributed to the positive sentiment surrounding Dogecoin. Memecoins, which are typically created as a joke or a parody of established cryptocurrencies, have gained traction in recent years due to their viral appeal and potential for community-driven growth.

Investors and traders should exercise caution and thoroughly research the specific risks and volatility associated with Dogecoin (DOGE). As with all cryptocurrencies, the value of Dogecoin can fluctuate significantly, and it is essential to monitor market conditions and make informed investment decisions.