(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges: Latest Price, Trading Volume, and Market Capitalization
As of November 2, 2024, 10:00 AM, Dogecoin (DOGE) stands at $0.16304091604337, a 2.18674127% increase from the previous 24 hours. This surge has been accompanied by a robust 24-hour trading volume of $2316005082.3056.
Supply and Circulation
Dogecoin has a circulating supply of 146617346383.71 DOGE, with a total and maximum supply of 146617346383.71 DOGE. This consistent supply dynamics ensures that the price of DOGE is largely driven by demand and speculation.
Market Capitalization
The current market capitalization of Dogecoin is $23904626462.247. This value represents the total value of all DOGE in circulation, indicating the overall size and importance of the Dogecoin ecosystem.
Influence and Future Prospects:
Dogecoin has gained significant popularity as a "meme coin" and investment vehicle, largely due to endorsements from influencers and celebrities. While its fundamentals may differ from traditional cryptocurrencies, it remains one of the most widely recognized and traded digital assets.
The future of Dogecoin remains uncertain, as its value is primarily driven by sentiment and speculation. However, its strong community and memetic appeal suggest that it is likely to maintain its position as a notable and potentially lucrative cryptocurrency in the years to come.