The latest price of Dogecoin at 13:00 on July 20, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges in Value

As of July 20, 2024, at 13:00 UTC, Dogecoin (DOGE) has experienced a significant price increase.

Current Price and Trading Volume

At the time of writing, the price of Dogecoin stands at $0.12607056941947. The 24-hour trading volume has reached an impressive $731,599,954.27943.

24-Hour Price Change

Over the past 24 hours, Dogecoin has witnessed a notable increase of 4.86490849% in its value. This bullish trend has boosted investor confidence and contributed to the surge in price.

Circulating Supply, Total Supply, and Market Capitalization

Dogecoin has a circulating supply of 145,188,496,383.71, with a maximum supply and a total supply both equal to this figure. The market capitalization, which represents the total value of all DOGE coins in circulation, stands at $18,303,996,412.25.

Market Conditions and Outlook

The recent surge in Dogecoin's price is attributed to several factors, including increased demand, investor sentiment, and favorable market conditions. Analysts believe that DOGE's strong community support and potential use cases as a means of payment could further contribute to its long-term value.

Overall, the Dogecoin market is experiencing positive momentum. The combination of a rising price, high trading volume, and a strong community bodes well for the future of DOGE. Investors should, however, exercise caution and monitor market conditions closely before making any investment decisions.