The latest price of Dogecoin at 06:00 on October 17, 2024

(24-hour Dogecoin price trend)

Dogecoin Surges 10% as Market Cap Nears $20 Billion

Dogecoin (DOGE), the popular meme-based cryptocurrency, has witnessed a significant surge in value over the past 24 hours. As of October 17, 2024, at 6:00 AM UTC, DOGE's price stands at $0.12658602956509, marking a 10.81242305% increase since the same time the previous day.

This surge in price has been accompanied by a notable increase in trading volume. Over the past 24 hours, Dogecoin has registered a trading volume of $2,274,368,227.0594, indicating strong interest from investors.

Dogecoin's recent price increase has contributed to a substantial rise in its market capitalization. As of writing, DOGE's market cap has reached $18,531,609,443.1, bringing it closer to the $20 billion mark.

Despite the recent gains, Dogecoin's total and circulating supply remain unchanged. The cryptocurrency's total supply stands at 146,395,376,383.71, of which 146,395,376,383.71 are currently in circulation.

Dogecoin's surge in value is likely driven by a combination of factors, including increased demand for cryptocurrencies in general and renewed interest in DOGE's potential for growth. As the market continues to evolve, it remains to be seen whether Dogecoin can sustain its momentum and achieve even higher price levels.