The latest price of Dogecoin at 12:00 on November 06, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges with a 30% Gain in 24 Hours

As of November 6, 2024, 12:00 PM EST, Dogecoin (DOGE) has witnessed a significant price increase of 30.67100424% within the past 24 hours. The latest price of DOGE stands at $0.21172254928728, while its trading volume over the same period amounts to an impressive $7,725,144,631.479.

Dogecoin's market capitalization has also experienced a boost, reaching a notable value of $3,105,396,5885.384. This surge has solidified DOGE's position as a prominent digital currency within the cryptocurrency market.

The circulating supply of DOGE currently stands at 146,672,926,383.71, with no specified maximum supply or total supply. This limited availability of coins has likely contributed to the recent appreciation in price.

The remarkable performance of Dogecoin over the past 24 hours has attracted the attention of investors and enthusiasts alike. The surge in the digital currency's value aligns with the recent market trends, which have seen Bitcoin (BTC) and Ethereum (ETH) also experiencing notable gains.

Analysts attribute the surge in DOGE's price to a combination of positive sentiment, increased adoption, and potential speculation. The meme-based cryptocurrency has garnered a large following over the years, with its supporters frequently engaging in social media discussions and campaigns.

The recent surge in the price of Dogecoin serves as a reminder of the volatility associated with the cryptocurrency market. While significant gains can be realized in a short period, investors are advised to exercise caution and conduct thorough research before making any investment decisions.