(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Surges 1.89%
As of October 8, 2024, 6:00 AM UTC, Dogecoin (DOGE) is trading at $0.11189405335165, with a 24-hour trading volume of $819,414,884.13788. Over the past 24 hours, the price of Dogecoin has experienced a surge of 1.88765261%.
Key market data for Dogecoin include:
- Circulating Supply: 146,272,376,383.71
- Maximum Supply: N/A
- Total Supply: 146,272,376,383.71
- Market Cap: $16,367,009,086.951
Analysis
The recent rise in Dogecoin's price is attributed to several factors. Speculation regarding the potential integration of Dogecoin with popular social media platforms has generated positive sentiment among investors. Additionally, the overall bullish sentiment in the cryptocurrency market has spilled over into smaller altcoins like Dogecoin.
However, it is important to note that Dogecoin remains a volatile asset and its price can fluctuate significantly. Investors are urged to conduct thorough research and exercise caution when making trading decisions.