(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: Surge Driven by Speculative Momentum
As of July 22, 2024, 08:00 AM, Dogecoin (DOGE) has recorded a significant price surge, experiencing a 4.26750223% increase within the past 24 hours. The latest price of DOGE stands at $0.14016731799172.
This surge in DOGE's price is primarily attributed to renewed speculative interest from traders and investors. The coin's popularity among retail investors and its association with the broader cryptocurrency market have influenced its recent performance.
With a 24-hour trading volume of $1229665449.3608, Dogecoin has witnessed increased liquidity. This increased trading activity suggests that traders and investors are taking positions in DOGE, anticipating further price appreciation.
As of now, the circulating supply of DOGE stands at 145212916383.71, while its total supply remains unknown. The current market capitalization of DOGE is $20354105027.26, reflecting its position as one of the top cryptocurrencies by market value.
It is important to note that the cryptocurrency market is volatile, and DOGE's price is subject to fluctuations. While the recent surge may indicate a positive trend, investors should remain cautious and conduct thorough research before making any investment decisions.