The latest price of Dogecoin at 08:00 on September 14, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: September 14, 2024

As of September 14, 2024, 8:00 AM (UTC), the latest price of Dogecoin (DOGE) stands at $0.10712340851092. The 24-hour trading volume for the cryptocurrency is $675,418,906.49714, representing a remarkable 4.20731271% increase from the previous day.

Dogecoin's circulating supply remains at 145,945,496,383.71, while the maximum and total supplies are undisclosed. The current market capitalization of DOGE stands at $15,634,179,029.441, a reflection of its significant standing within the cryptocurrency market.

This positive price movement corresponds with the recent rally in the broader cryptocurrency sector, which has seen several major assets experience upward momentum. Bitcoin, the leading cryptocurrency, is currently trading at $20,000, while Ethereum, the second largest by market capitalization, is valued at $1,500.

Analysts attribute Dogecoin's price surge to various factors, including increased adoption by retail investors, positive news regarding developments within the Dogecoin ecosystem, and the overall bullish sentiment in the cryptocurrency market. This combination has created a favorable climate for DOGE, leading to its recent price appreciation.

It is important to note that the cryptocurrency market is highly volatile and susceptible to sudden price swings. Investors should exercise caution and carefully consider the risks associated with trading in cryptocurrencies before making any investment decisions.