The latest price of Dogecoin at 09:00 on October 18, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Surges 7.46%

At 9:00 AM on October 18, 2024, Dogecoin (DOGE) was trading at $0.13413710206502, with a 24-hour trading volume of $1687933553.8563. DOGE has witnessed a remarkable 7.46520763% increase in price over the past 24 hours.

Key Metrics

• Circulating Supply: 146410826383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146410826383.71 DOGE
• Market Capitalization: $19639123962.054

Supply and Availability

Dogecoin has a circulating supply of 146410826383.71 DOGE, making it one of the most widely circulated cryptocurrencies. However, it is important to note that Dogecoin does not have a maximum supply limit, which means that new coins can be created indefinitely. This differs from other cryptocurrencies like Bitcoin, which has a finite supply.

Market Performance

Dogecoin has experienced significant price volatility over the past year. Following a surge in popularity in early 2021, DOGE surged to record highs in May of 2021. However, the cryptocurrency has since come down in value, largely due to a sell-off in the broader cryptocurrency market.

The recent price increase in DOGE is likely due to a combination of factors, including increased market sentiment, speculation, and retail investor interest. However, it is important to exercise caution when investing in cryptocurrencies, as their prices can be highly volatile and unpredictable.