(24-hour Dogecoin price trend)
Dogecoin Price Jumps 1.67%
As of September 13, 2024, 6:00 AM, the price of Dogecoin (DOGE) stands at $0.10293819200698. This represents a 24-hour trading volume of $425,575,436.45627. Notably, DOGE has experienced a 1.67066851% price increase over the past 24 hours.
Key Metrics:
- Circulating Supply: 145,930,946,383.71
- Max Supply: Infinite
- Total Supply: 145,930,946,383.71
- Market Cap: $15,021,867,778.607
Dogecoin is a popular cryptocurrency known for its "meme-coin" status and association with the Shiba Inu dog. It operates on a proof-of-work consensus mechanism and is based on the Litecoin blockchain.
The recent price increase for DOGE may be attributed to various factors, including positive sentiment in the cryptocurrency market, community support, and speculation driven by Elon Musk's tweets. Musk's influence on DOGE has been significant, contributing to its popularity and price volatility.
Traders and investors should note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. It is crucial to conduct thorough research and understand the risks involved before making any investment decisions.