The latest price of Dogecoin at 12:00 on October 25, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Reaches $0.1399, Surges 0.39% in 24 Hours

As of October 25, 2024, 12:00 PM, Dogecoin (DOGE) is trading at $0.13991877173816. This represents a gain of 0.3933238% in the past 24 hours.

Key Market Metrics

• 24-hour trading volume: $123,772,002,484.8451
• Circulating supply: 146,508,726,383.71
• Maximum supply: Not specified
• Total supply: 146,508,726,383.71
• Market capitalization: $20,499,321,044.531

Market Performance

Dogecoin has outperformed the broader cryptocurrency market in the past 24 hours. Major coins such as Bitcoin (BTC) and Ethereum (ETH) have seen slight declines during the same period.

Market Analysis

The recent surge in DOGE's price can be attributed to increased retail demand and anticipation of the upcoming Dogecoin Foundation meeting. The meeting is expected to provide updates on the coin's development and partnerships.

Technical Indicators

Technical indicators suggest that DOGE is trading in a bullish trend. The coin is holding above its key support level of $0.1380, and its Relative Strength Index (RSI) is in the overbought territory, indicating upward momentum.

Conclusion

Dogecoin's price growth is a testament to the continued interest and support for the meme-inspired cryptocurrency. While speculation and retail sentiment may influence its price, the coin's strong community and upcoming events could provide further upside potential. Investors should exercise caution and conduct their due diligence before making any investment decisions.