The latest price of Dogecoin at 12:00 on August 9, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Experiences a Surge in Value

As of 08:00 UTC on August 9, 2024, Dogecoin (DOGE) is trading at $0.10604097656155. The 24-hour trading volume for DOGE stands at $800,938,380.83757, indicating significant market activity.

Over the past 24 hours, the price of Dogecoin has witnessed a substantial increase of 6.94419958%. This upward trend is attributed to a combination of positive market sentiment and strong community support for the cryptocurrency.

The circulating supply of DOGE is currently 145,457,186,383.71 units, while the maximum supply is uncapped. The total supply of DOGE is also 145,457,186,383.71 units.

At the current market price, the circulating market capitalization for Dogecoin amounts to $15,424,422,092.024. This value represents the total value of all DOGE coins in circulation.

The surge in Dogecoin's price suggests renewed interest from investors and traders, who see potential for continued growth in its value. The cryptocurrency's strong brand recognition, active online community, and growing use as a form of payment contribute to its overall appeal.

It is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors considering investing in DOGE should conduct thorough research and exercise caution before making any decisions.