(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis for August 11, 2024
At 11:00 AM UTC on August 11, 2024, the price of Dogecoin (DOGE) stood at $0.10938139516834. Over the past 24 hours, the trading volume for DOGE surged to $405,401,397.47015, indicating a notable increase in market activity.
Price Performance
In the last 24 hours, the price of Dogecoin has experienced a significant upward trend, rising by 4.93146525%. This surge in value underscores the growing bullish sentiment towards DOGE.
Market Capitalization and Supply
Dogecoin's circulating supply currently amounts to 145,483,686,383.71. The cryptocurrency has a maximum supply and total supply of 145,483,686,383.71. With these figures, DOGE's circulating market capitalization stands at $15,913,208,590.883.
Key Takeaways
- Price Surge: Dogecoin's price has witnessed a 4.93% increase in the past 24 hours, demonstrating bullish market momentum.
- Increased Trading Volume: The surge in trading volume indicates heightened market interest and participation.
- Market Capitalization: Dogecoin's market capitalization of over $15 billion highlights its significant presence in the cryptocurrency ecosystem.
Dogecoin remains one of the most popular and widely traded cryptocurrencies. Its recent price hike emphasizes its potential for future growth and investment returns. As the market continues to evolve, it will be crucial to monitor DOGE's price action and underlying fundamentals to make informed decisions.