The latest price of Dogecoin at 06:00 on October 18, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Rallies as Cryptocurrency Market Rebounds

As of October 18, 2024, at 6:00 AM UTC, the latest price of Dogecoin (DOGE) is $0.12848474937992. This represents a 24-hour trading volume of $1504028622.9995, and a price increase of 1.49994421% over the past day.

Supply and Market Cap

The circulating supply of Dogecoin is currently 146409056383.71. The cryptocurrency has no maximum supply limit, but it does have a total supply of 146409056383.71. This results in a circulating market capitalization of $18811330916.411.

Market Trends

The cryptocurrency market has been experiencing a period of volatility in recent weeks, but has shown signs of recovery in the past 24 hours. Dogecoin has been one of the beneficiaries of this rebound, with its price rising alongside other major cryptocurrencies like Bitcoin and Ethereum.

Future Outlook

The future prospects for Dogecoin remain uncertain, as with all cryptocurrencies. However, the recent price increase suggests that investors are regaining confidence in the meme-inspired digital asset. As the cryptocurrency market consolidates and matures, Dogecoin may continue to gain traction as a speculative investment and potentially become more widely accepted as a medium of exchange.