(24-hour Dogecoin price trend)
Dogecoin (DOGE) Rallies, Surging 4.88%
As of October 12, 2024, 09:00 GMT, Dogecoin (DOGE) has exhibited a remarkable price surge. The digital currency currently trades at $0.11129507820289, reflecting a significant 4.88656959% increase in value over the past 24 hours.
The trading volume for DOGE has swelled to $656,176,988.31252 within the same period. This surge in trading activity indicates a heightened interest in the cryptocurrency among investors.
Dogecoin's current circulating supply stands at 146,328,646,383.71, while its maximum supply remains undetermined. The total supply of DOGE is also pegged at 146,328,646,383.71.
The market capitalization of Dogecoin has correspondingly experienced a notable increase, currently standing at $16,285,658,142.597. This figure reflects the overall value of all DOGE coins in circulation and serves as an indicator of the cryptocurrency's market dominance.
The recent price rally for Dogecoin has garnered significant attention within the cryptocurrency community. Analysts attribute the surge to a combination of increased investor confidence, speculative trading, and the underlying strength of the DOGE ecosystem. With strong community support and a thriving network of developers, Dogecoin continues to attract interest from both retail and institutional investors.