The latest price of Dogecoin at 10:00 on August 22, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Surge in August 2024: A Spike in Momentum

At 10:00 AM on August 22, 2024, Dogecoin (DOGE) experienced a significant increase, with its latest price standing at $0.10592562052942. This surge is evident in the 24-hour trading volume of $511,056,730.25528.

The upward trend is reflected in DOGE's price increase of 2.67533841% over the past 24 hours. This price action suggests renewed interest and momentum for Dogecoin.

Circulation and Supply of Dogecoin and Bitcoin

According to available data, Bitcoin has a circulating supply of 145632526383.71 and a limited supply of 21 million coins. On the other hand, Dogecoin's supply dynamics are different. It has a circulating supply of 145632526383.71, but its maximum and total supply are currently unknown.

Market Capitalization of Dogecoin

The increase in DOGE's price is also reflected in its market capitalization, which has reached $15,426,215,726.461. This market cap represents the total value of all available DOGE in circulation based on its current market price.

Conclusion

The recent price surge of Dogecoin demonstrates the ongoing volatility and potential for growth in the cryptocurrency market. As Dogecoin's value continues to fluctuate, investors are advised to conduct thorough research and make informed trading decisions.

The disparity in supply dynamics between DOGE and Bitcoin highlights the importance of understanding the underlying characteristics of each cryptocurrency before investing.