(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges in Value with a 1.5% Increase
As of October 24, 2024, at 10:00 AM, the latest price of Dogecoin (DOGE) stood at $0.140672100916, marking a 24-hour trading volume of $1527601529.7673. Over the past 24 hours, DOGE has witnessed an impressive surge of 1.50146224%.
The current circulating supply of DOGE is 146494096383.71, while its total supply remains the same. This places DOGE's current market capitalization at $20607632310.087.
The recent price increase of DOGE is attributed to several factors. One reason may be the growing interest in the meme-based cryptocurrency among the retail investor community. Additionally, the ongoing development of the Dogecoin ecosystem, including the launch of new projects and partnerships, has also played a role in its price rise.
Despite its recent surge, DOGE faces competition from other meme-based cryptocurrencies such as Shiba Inu (SHIB) and Baby Dogecoin (BABYDOGE). However, its strong community support and established position within the cryptocurrency market continue to make it an attractive option for investors.
It is worth noting that the cryptocurrency market is highly volatile, and the price of DOGE can fluctuate rapidly. Investors should conduct thorough research and exercise caution before making any investment decisions.