The latest price of Dogecoin at 08:00 on August 9, 2024

(24-hour Dogecoin price trend)

Dogecoin Prices Soar 12.45%

As of August 9, 2024, 8:00 AM, the price of Dogecoin (DOGE) stood at $0.10740887104763, marking a significant surge of 12.45234359% in the past 24 hours. This increase has contributed to a sustained uptrend in the price of DOGE.

Trading Volume and Market Capitalization

The 24-hour trading volume for Dogecoin is currently at $858015368.92463, indicating a high level of activity in the market. The market capitalization for DOGE has also experienced a notable increase, reaching $15623149431.19. This surge in capitalization reflects the growing interest and adoption of the cryptocurrency.

Supply and Circulation

The current circulating supply of Dogecoin is approximately 145454926383.71, representing the number of DOGE coins that are available in the market. The total supply of DOGE is 145454926383.71, indicating that there is a finite number of coins in existence.

Price Analysis

Over the past few months, DOGE has enjoyed a steady rise in its price, driven by several factors, including increased investor confidence, the growing popularity of meme coins, and the positive outlook for the cryptocurrency market. Analysts believe that DOGE has the potential to maintain its upward trajectory in the coming months.

Conclusion

The recent surge in the price of Dogecoin is a reflection of the growing popularity and adoption of this cryptocurrency. With its strong community support, finite supply, and increasing use cases, DOGE is well-positioned to continue its growth in the future.