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

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Surge: A Resurgence in Meme Coin Popularity

As of September 29, 2024, at 12:00 PM, Dogecoin (DOGE) stood at $0.12645070386065, witnessing a significant 7.78503655% increase in its value over the past 24 hours. This surge has garnered considerable attention in the cryptocurrency market, highlighting the enduring popularity of meme coins.

The total trading volume for Dogecoin during the past 24 hours surged to $1341252382.3161, reflecting the intense activity surrounding the coin. The circulating supply stands at 146138526383.71 DOGE, with a maximum supply yet to be determined. The total supply is also recorded at 146138526383.71 DOGE.

The market capitalization for Dogecoin has reached an impressive $18479319522.377, further demonstrating the coin's significant presence in the cryptocurrency landscape.

The recent price increase of Dogecoin can be attributed to a combination of factors. Prominent tech figures have recently vocalized their support for the coin, contributing to a rise in positive sentiment. Additionally, the overall bullish sentiment in the cryptocurrency market, driven by the recent rebound in Bitcoin's price, has aided in Dogecoin's upswing.

Investors should approach the cryptocurrency market with caution and conduct thorough research before making any investment decisions. The meme coin segment, while alluring, also comes with inherent volatility.