(24-hour Dogecoin price trend)
Dogecoin (DOGE) Rallies, Jumps Over 5% in 24 Hours
As of October 15, 2024, 07:00 UTC, Dogecoin (DOGE) is trading at $0.11717393748461, marking a 5.50800852% increase in the past 24 hours. The mem coin's trading volume over the same period stands at $1,018,815,941.8492.
The total supply of Dogecoin currently stands at 146,368,786,383.71, while its circulating supply is 146,368,786,383.71. This translates to a market cap of $17,150,607,025.423.
Dogecoin's recent price surge is part of a broader market recovery across the cryptocurrency sector. Bitcoin, the king crypto, has also seen a significant uptick in value, climbing above $23,000 for the first time in several weeks.
Dogecoin is often driven by speculation and community engagement, and has gained popularity through its association with Tesla CEO and crypto enthusiast Elon Musk. Despite its volatile nature, DOGE has maintained a loyal following among retail investors and meme enthusiasts.
It is worth noting that the cryptocurrency market is highly susceptible to fluctuations, and DOGE's price may experience further changes in the coming hours or days. Investors are advised to exercise caution and do their own research before making any investment decisions.