(24-hour Dogecoin price trend)
Dogecoin Price Rise: 6% Surge in Past 24 Hours
As of September 28, 2024, 04:00 AM, Dogecoin (DOGE) is trading at $0.12403226304913. The 24-hour trading volume has reached $1456473503.8227, representing a significant increase in trading activity.
Over the past 24 hours, Dogecoin has experienced a price hike of 6.11437576%. This surge in value has boosted the cryptocurrency's appeal and demand among investors.
Bitcoin's current circulating supply stands at 146134826383.71 DOGE. The total supply and the maximum supply of Dogecoin remain undefined.
The market capitalization of Dogecoin has risen to $18125433226.663, reflecting the increased value of the cryptocurrency.
Analysts attribute Dogecoin's price increase to several factors, including:
- Growing investor confidence in DOGE as a viable alternative to Bitcoin and Ethereum
- Increased adoption by businesses and individuals for payments and transactions
- Positive sentiment fueled by Elon Musk's support and tweets
As the cryptocurrency market continues to evolve, Dogecoin's performance remains an important indicator for investors. The recent price surge has renewed interest in DOGE and could potentially contribute to further gains in the coming weeks and months.
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