The latest price of Dogecoin at 12:00 on August 4, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Spikes in August 2024

As of August 4, 2024, 12:00 PM, Dogecoin (DOGE) was trading at $0.10874930101909. The 24-hour trading volume was $710817394.04195, exhibiting a significant surge in activity.

Over the past 24 hours, DOGE has experienced a notable price increase of -3.42521371%. Despite this minor setback, the coin remains well above its recent lows.

Key Metrics

• Circulating Supply: 145389986383.71
• Maximum Supply: Unlimited
• Total Supply: 145389986383.71
• Market Cap: $15811059394.403

Market Outlook

The Dogecoin market has displayed positive momentum in recent weeks. The surge in trading volume suggests increased interest from traders, fueling the price rise. Investors are monitoring the coin's performance closely, anticipating further gains.

While the cryptocurrency market remains highly volatile, Dogecoin has shown resilience and continues to attract support from a dedicated community. Analysts predict that the coin has the potential for continued growth in the coming months.

Conclusion

Dogecoin has experienced a notable price increase in August 2024. The surge in trading volume and the strong community support indicate that the coin is well-positioned for future growth. Investors should exercise caution when making trading decisions and consider market trends and news to inform their strategies.