(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges 8.10%
On September 27, 2024, at 10:00 AM, Dogecoin (DOGE) traded at $0.11736195835272, with a remarkable 24-hour trading volume of $1,390,321,272.9911. The cryptocurrency has witnessed an impressive 8.10469356% price increase over the past 24 hours.
Supply and Market Data
Dogecoin's circulating supply currently stands at 146,124,516,383.71. The cryptocurrency has a maximum supply and total supply of 146,124,516,383.71. The circulating market capitalization for DOGE is estimated at $17,149,459,406.135.
Market Analysis
Dogecoin's recent price surge is attributed to several factors. The cryptocurrency has been gaining traction on social media platforms, particularly due to the influence of Elon Musk and his company, Tesla. Additionally, the growing interest in meme coins and the overall bullish sentiment in the crypto market have contributed to DOGE's positive performance.
Outlook
Analysts remain optimistic about Dogecoin's future prospects. The cryptocurrency's strong community and increasing acceptance by merchants make it a potential contender in the crypto world. However, as with any investment, it's essential to conduct thorough research and exercise caution before making any decisions.
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