(24-hour Dogecoin price trend)
Dogecoin Price Surge: DOGE Gains 5.17% in 24 Hours
As of September 14, 2024, 9:00 AM, Dogecoin (DOGE) is trading at $0.10731221695415, with a 24-hour trading volume of $677,089,418.97074. The meme-inspired cryptocurrency has experienced a 5.17097097% price increase over the past day.
Key Metrics:
- Circulating Supply: 145,946,316,383.71 DOGE
- Maximum Supply: None
- Total Supply: 145,946,316,383.71 DOGE
- Market Capitalization: $15,661,822,767.428
This recent surge in DOGE's price reflects growing interest in the cryptocurrency. Despite its origins as a "joke" currency, Dogecoin has gained mainstream recognition and support from a dedicated community of enthusiasts.
The price increase has been attributed to several factors, including:
- Elon Musk's ongoing support for the cryptocurrency
- Increased adoption by merchants and businesses
- The scarcity of new DOGE being mined
It is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate significantly. Investors should exercise caution and conduct thorough research before making any investment decisions.