(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Soars by Over 2%
As of October 20, 2024, 4:00 AM, the latest price of Dogecoin (DOGE) stands at $0.14072557774831. The 24-hour trading volume has reached an impressive $1,833,362,324.2299, indicating significant market activity.
Over the past 24 hours, Dogecoin has experienced a healthy price increase of 2.92375154%. This upward momentum suggests growing investor confidence in the cryptocurrency.
The current circulating supply of Dogecoin is 146,435,496,383.71, while the total supply and maximum supply remain unknown. The total market capitalization, which represents the aggregate value of all outstanding Dogecoin, stands at $20.61 billion.
Dogecoin's recent price surge has been attributed to several factors. Firstly, the broader cryptocurrency market has shown some positive signs in recent days, with major assets like Bitcoin and Ethereum also experiencing gains. Secondly, Dogecoin has gained increased attention due to its association with SpaceX CEO Elon Musk, who has been a vocal supporter and influencer of the cryptocurrency.
Investors should be aware that the cryptocurrency market is highly volatile, and the price of Dogecoin can fluctuate rapidly. It is crucial to exercise caution and conduct thorough research before making any investment decisions.