The latest price of Dogecoin at 12:00 on October 30, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Soars, Rising 6.06%

As of October 30, 2024, 12:00 PM, the price of Dogecoin (DOGE) stands at $0.17513286666604. The cryptocurrency has witnessed a significant surge in the past 24 hours, with a trading volume of $3,364,963,143.42. This represents a 6.06102914% increase in value over the past day.

Dogecoin's circulating supply currently stands at 146,577,326,383.71, with a maximum supply yet to be determined. The total supply is also 146,577,326,383.71, resulting in a circulating market capitalization of $25,670,507,357.82.

The reasons behind Dogecoin's recent surge in value are multifaceted. One contributing factor may be the positive sentiment surrounding the cryptocurrency market as a whole, with major coins like Bitcoin also experiencing gains. Additionally, Dogecoin's strong community of supporters and its use as a payment method for various goods and services continue to drive its popularity.

It is important to note that cryptocurrency markets are highly volatile, and the value of DOGE can fluctuate significantly both upwards and downwards. Investors are advised to conduct thorough research and exercise caution before making any investment decisions.