The latest price of Dogecoin at 12:00 on October 29, 2024

(24-hour Dogecoin price trend)

Dogecoin: Price Surge and Market Update

As of October 29, 2024, 12:00 UTC, the price of Dogecoin (DOGE) stands at $0.16512461560083. The 24-hour trading volume has reached an impressive $3621210579.1166. Over the past 24 hours, the price of DOGE has experienced a significant surge of 14.35189163%.

Dogecoin's circulating supply currently stands at 146563676383.71 DOGE, representing the total amount of coins in active circulation. Notably, DOGE does not have a maximum or total supply limit, allowing for the potential issuance of an unlimited number of coins.

This price uptick in DOGE has led to an increased market capitalization of $24201270723.904. This value represents the total value of all circulating DOGE coins.

The resurgence in DOGE's price may be attributed to several factors, including positive market sentiment, speculative trading, and community support. The Dogecoin community remains highly engaged and has embraced the coin as an alternative to traditional cryptocurrencies like Bitcoin. Recent news and announcements surrounding DOGE may have also contributed to the price increase.