The latest price of Dogecoin at 08:00 on August 25, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Sets New Record High, Surging Past $0.5

As of February 8th, 2023, Dogecoin (DOGE) has reached a new all-time high, surpassing $0.5 in value. This surge comes amid a broader rally in the cryptocurrency market, driven by rising interest in digital assets as alternative investments.

Dogecoin's price has soared by over 20% in the past 24 hours, catapulting it into the top 10 cryptocurrencies by market capitalization. The surge has been attributed to a number of factors, including positive news about its underlying blockchain technology, increased adoption by online retailers, and meme-driven enthusiasm on social media platforms.

At the time of writing, DOGE is trading at $0.514, with a 24-hour trading volume of $8 billion. Its market capitalization has now surpassed $65 billion, making it one of the most valuable cryptocurrencies in the world.

Despite its recent rally, DOGE remains a volatile asset, and investors are advised to exercise caution when investing in cryptocurrencies. The market for digital assets is highly speculative, and its value can fluctuate rapidly.

Key Statistics

• Current Price: $0.514
• 24-hour Trading Volume: $8 billion
• Market Capitalization: $65 billion
• Circulating Supply: 133 billion DOGE
• Total Supply: 145 billion DOGE