The latest price of Dogecoin at 04:00 on September 27, 2024

(24-hour Dogecoin price trend)

Dogecoin Continues to Surge

As of September 27, 2024, 04:00 UTC, the latest price of Dogecoin (DOGE) stands at $0.11689724325862, reflecting a 6.0941952% increase over the past 24 hours.

Trading activity in Dogecoin has been robust, with a 24-hour trading volume of $1276258854.4252 being recorded. This surge in trading volume indicates a heightened level of interest in the cryptocurrency.

Dogecoin has a circulating supply of 146121046383.71, while the maximum supply and total supply both remain undefined. This open-ended supply structure contributes to the cryptocurrency's inflationary nature.

As of the moment, the market capitalization of Dogecoin stands at approximately $17081147504.32. This figure represents the total value of all Dogecoin in circulation and serves as an indicator of the cryptocurrency's market dominance.

Dogecoin's recent price increase is likely attributed to a combination of factors, including increased investor sentiment and speculative trading. The cryptocurrency has gained significant popularity and recognition among retail investors, particularly through its association with prominent individuals and social media influencers.

However, it's important to note that the cryptocurrency market remains volatile and can experience sudden shifts in price. Investors should exercise caution when investing in Dogecoin or any other cryptocurrency, and always conduct thorough research before making investment decisions.