(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges in Value, Experiencing a Notable Rise in Price
As of October 29th, 2024, at 09:00 UTC, Dogecoin (DOGE) is trading at $0.16694671980312, showcasing an impressive 18.17798053% increase in its price over the past 24 hours. This surge in value has captured the attention of cryptocurrency enthusiasts, leading to increased trading activity.
The 24-hour trading volume for DOGE stands at $3372758049.2927, indicating a significant increase in trading activity. This suggests that there is a growing interest in DOGE, both from existing and potential investors.
Key Statistics:
- Current Price: $0.16694671980312
- 24-Hour Trading Volume: $3372758049.2927
- 24-Hour Price Change: +18.17798053%
- Circulating Supply: 146561986383.71
- Maximum Supply: Unlimited
- Total Supply: 146561986383.71
- Circulating Market Cap: $24468042874.589
The unrestricted supply of DOGE is a unique characteristic that differentiates it from other cryptocurrencies like Bitcoin. The lack of a maximum supply means that the number of DOGE in circulation can continue to increase, potentially impacting the value of the coin in the long run.
Overall, the recent surge in Dogecoin's price is a testament to its growing popularity and its potential as a viable investment option. As the cryptocurrency market continues to evolve, it will be interesting to monitor Dogecoin's performance and its impact on the broader cryptocurrency landscape.