The latest price of Dogecoin at 08:00 on September 22, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Shows Steady Growth with 3.66% Surge

As of September 22, 2024, at 08:00 AM, Dogecoin (DOGE) has witnessed a steady rise in its market value. The latest price of DOGE stands at $0.10935774942214, reflecting a 3.66515254% increase within the past 24 hours. This positive movement is accompanied by a substantial trading volume of $504,988,916.31709.

Dogecoin's circulating supply is currently at a stable level of 146,054,886,383.71, with a total supply of 146,054,886,383.71. The limited supply adds to the token's scarcity and contributes to its price stability. This has resulted in a robust market capitalization of $15,972,233,667.029, showcasing the token's increasing value and investor confidence.

The positive price performance of Dogecoin can be attributed to several factors. The token has gained significant popularity within the cryptocurrency community, particularly among retail investors and enthusiasts. Additionally, its low transaction fees and ease of use have made it a preferred choice for small-value payments and remittances.

Overall, Dogecoin continues to hold a strong position in the cryptocurrency market. Its recent price increase and stable underlying fundamentals suggest that the token has the potential to maintain its growth trajectory in the months to come.