(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges: Price Analysis and Key Metrics
As of January 11, 2025, at 1:00 PM UTC, Dogecoin (DOGE) witnessed a surge in its market performance. Here's an in-depth analysis of its recent price movements and circulating supply data:
Price Movement
- Current Price: $0.33074141488961
- 24-Hour Trading Volume: $3010192929.2804
- 24-Hour Price Change: +1.02151143%
Dogecoin has registered a significant gain in its value over the past 24 hours, indicating a positive trend in market sentiment.
Circulating Supply and Supply Cap
- Circulating Supply: 147574336383.71
- Maximum Supply: N/A
- Total Supply: 147574336383.71
Dogecoin's total supply remains the same, with a substantial portion of its coins in circulation. The absence of a maximum supply limit suggests that DOGE can continue to be minted over time.
Market Capitalization
- Market Capitalization: $48808944816.942
Dogecoin's market capitalization has climbed to this figure, reflecting the increased value and investor interest in the cryptocurrency.
Conclusion
Dogecoin's recent price surge highlights renewed enthusiasm for the cryptocurrency among investors. The positive 24-hour price performance, coupled with its substantial circulating supply, suggests a stable market foothold for DOGE. However, long-term trends and market conditions will continue to play a role in shaping its future value.