(24-hour Dogecoin price trend)
Dogecoin (DOGE) Continues Its Bullish Run
As of November 5th, 2024, at 07:00 UTC, Dogecoin (DOGE) is trading at $0.1576, representing an impressive 4.55963271% increase in its value over the last 24 hours. This surge in price activity is accompanied by a 24-hour trading volume of $2,529,621,679.8358, indicating strong investor interest in the cryptocurrency.
Essential Dogecoin Statistics
- Current Price: $0.15762309379647
- 24-Hour Trading Volume: $2,529,621,679.8358
- Price Change (24-Hour): +4.55963271%
- Circulating Supply: 146,656,746,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 146,656,746,383.71 DOGE
- Market Cap: $23,116,490,091.124
Key Insights
Dogecoin has been enjoying a strong bullish trend in recent weeks, with its price steadily rising. This positive market sentiment is likely driven by a combination of factors, including increased demand from retail investors, support from high-profile individuals like Elon Musk, and the broader market enthusiasm for cryptocurrencies.
Despite its recent gains, Dogecoin is still trading well below its all-time high of $0.7319 set in May 2021. However, its solid fundamentals and growing adoption suggest that it has the potential to reach new highs in the future.