The latest price of Dogecoin at 04:00 on November 05, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Rockets 6.7% as Price Breaks $0.15 Barrier

November 5, 2024, 4:00 AM

The popular meme coin, Dogecoin (DOGE), has witnessed a significant surge in value over the past 24 hours. At the time of writing, DOGE is trading at $0.15846663024539, marking an impressive increase of 6.71640931% from its previous price point.

This surge in price is accompanied by a substantial increase in trading volume, which currently stands at $2431914008.0839. This suggests that investors are actively buying and selling DOGE, contributing to its rising value.

Dogecoin's current market capitalization is a significant $23239927839.574, reflecting the collective value of all DOGE coins in circulation. There are currently 146655026383.71 DOGE coins in circulation, with a maximum supply of unlimited and a total supply of 146655026383.71.

Analysts attribute the recent surge in DOGE's price to a combination of factors. Firstly, the broader crypto market has been experiencing a positive momentum, which has benefited DOGE and other altcoins. Secondly, Elon Musk's recent tweets about Twitter's integration with DOGE have sparked excitement among investors and traders.

As the crypto market continues to evolve, it remains to be seen whether DOGE will sustain its upward trajectory or experience a correction. However, its recent performance is an encouraging sign for investors who believe in the potential of meme coins like Dogecoin.