The latest price of Dogecoin at 09:00 on September 21, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Surges: A Detailed Analysis

Dogecoin (DOGE), the popular cryptocurrency known for its memetic appeal, has witnessed a notable increase in value over the past 24 hours. As of September 21, 2024, 09:00 UTC, DOGE was trading at $0.10493817257093, reflecting a 1.09014354% uptick from its previous day's value.

This surge in price has been accompanied by a significant increase in trading volume, reaching $593,094,506.77124 over the same 24-hour period. This enhanced trading activity indicates increased market interest and liquidity for Dogecoin.

The current circulation supply of Dogecoin stands at 146,041,856,383.71. It is important to note that Dogecoin does not have a maximum supply limit, meaning its total supply can potentially continue to grow through ongoing issuance. The total supply of Dogecoin currently matches its circulating supply, indicating that all issued DOGE are in circulation.

The market capitalization of Dogecoin, which represents the total value of all outstanding DOGE, stands at $15,325,365,527.772. This places Dogecoin as the 22nd largest cryptocurrency by market capitalization, according to CoinMarketCap.

The recent price surge and increased trading volume suggest that Dogecoin is gaining traction among investors. Its memetic nature and widespread social media presence continue to contribute to its popularity. However, it is crucial to approach cryptocurrency investments with caution and conduct thorough research before making any decisions.