The latest price of Dogecoin at 13:00 on November 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Retail Activity Surges: Can It Drive DOGE Past $1?

As of November 29, 2024, at 13:00 PM, Dogecoin (DOGE) was trading at $0.40570094370819, with a 24-hour trading volume of $4,373,637,801.1006. DOGE's price has recorded a -1.15515221% change in the last 24 hours.

The cryptocurrency's circulating supply stands at 146,987,846,383.71 DOGE, out of a total supply of 146,987,846,383.71 DOGE. This translates to a circulating market cap of $59,633,107,991.504.

Notable Insights:

• DOGE's retail activity has seen a significant increase, marking a phase characterized by high retail participation.
• The surge in retail activity raises questions about the potential for DOGE to break past the $1 mark.

Dogecoin has been gaining traction in recent months, with its popularity driven by retail investors and social media hype. The cryptocurrency's strong community and its association with prominent figures such as Elon Musk have contributed to its surging retail activity.

Whether or not DOGE can sustain its upward trend and突破 the $1 mark remains to be seen. However, the increase in retail activity is a positive sign for the cryptocurrency's future.