The latest price of Dogecoin at 12:00 on October 18, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) on the Rise: Price and Market Analysis

As of October 18, 2024, at 12:00 pm, Dogecoin (DOGE) stands at $0.13254081781215. This represents a 5.84604174% increase in value over the past 24 hours, with a significant trading volume of $1865239904.3132.

Supply and Market Capitalization

Dogecoin has a circulating supply of 146412566383.71, while the total supply remains unrestricted. This means that there is no maximum limit on the number of DOGE tokens that can be created.

Despite its flexible supply, Dogecoin's market capitalization stands at a robust $19405641286.472. This places it among the top cryptocurrencies in terms of overall market value.

Future Prospects

Dogecoin has experienced significant price fluctuations in recent months, driven by both market dynamics and community sentiment. Its unique characteristics as a "meme coin" have garnered a loyal following, contributing to its popularity and volatility.

As with any cryptocurrency investment, the future value of Dogecoin is uncertain. However, its strong community support and potential for further adoption could contribute to continued price appreciation.

Disclaimer

This analysis provides information for informational purposes only and should not be construed as investment advice. Cryptocurrency investments are subject to market risks and investors should conduct their own research to determine the suitability and risks involved before making any investment decisions.