The latest price of Dogecoin at 08:00 on September 20, 2024

(24-hour Dogecoin price trend)

Dogecoin Surge Registers 1.39% Increase

On September 20, 2024, at 08:00 UTC, Dogecoin (DOGE) witnessed a notable rise in value. The latest price of DOGE stands at $0.10503839787024, reflecting a 24-hour trading volume of $658,387,657.94896.

Over the past 24 hours, DOGE has exhibited an impressive surge of 1.39852747%. This price appreciation has contributed to an increase in its market capitalization, which now stands at $15,338,472,207.082.

Currently, the circulating supply of DOGE is recorded at 146,027,286,383.71, while the total supply remains unspecified. This indicates that there is ample room for further DOGE creation in the future

Bitcoin's Influence on DOGE

The price movement of DOGE is often influenced by Bitcoin, the largest cryptocurrency by market capitalization. Bitcoin's recent surge has instilled confidence in the broader cryptocurrency market, leading to a positive impact on DOGE's value.

Future Prospects

Analysts remain optimistic about DOGE's future prospects. The cryptocurrency's growing popularity, coupled with its low price point, makes it an attractive investment option for both retail and institutional investors.

Additionally, DOGE's strong community support and its use in various online transactions further contribute to its long-term potential. As more individuals and businesses adopt cryptocurrencies, DOGE is well-positioned to experience further growth.