The latest price of Dogecoin at 04:00 on October 07, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Sees Upward Trend

As of October 7, 2024 at 04:00 UTC, Dogecoin (DOGE) stood at a value of $0.1108163679017. Over the previous 24 hours, its trading volume reached $420441020.83014, indicating an impressive increase of 2.62583404%.

Circulation and Supply

Bitcoin's current circulating supply stands at 146257806383.71, representing a significant portion of its total supply. Dogecoin, on the other hand, has no maximum supply set and its current circulating supply matches its total supply, which also sits at 146257806383.71.

Market Capitalization

The market capitalization of Dogecoin, which represents the total value of all DOGE tokens in circulation, currently stands at $16207758880.712. This figure highlights the immense value associated with the Dogecoin ecosystem.

Conclusion

Dogecoin's recent price increase and significant trading volume indicate a growing enthusiasm for this cryptocurrency. Its high circulating supply and lack of a maximum supply distinguish it from many other cryptocurrencies. As the market continues to evolve, Dogecoin's value remains subject to fluctuations, presenting both opportunities and challenges for investors.