(24-hour Dogecoin price trend)
Dogecoin surges by over 24% in 24 hours
As of November 6, 2024, 1:00 PM, Dogecoin (DOGE) is trading at $0.20275977707852. The 24-hour trading volume for Dogecoin is $8,953,582,899.6778.
In the past 24 hours, Dogecoin's price has climbed by an impressive 24.79779833%. The cryptocurrency's current circulating supply stands at 146,673,766,383.71 DOGE, while its total supply and maximum supply remain the same.
The market capitalization of Dogecoin, which represents the total value of all DOGE coins in circulation, is $29,739,540,175.227.
Dogecoin, a meme cryptocurrency inspired by the popular dog breed Shiba Inu, has witnessed significant volatility in recent years. Its price has been highly influenced by social media trends and the endorsements of prominent figures, including Tesla CEO Elon Musk.
The recent surge in Dogecoin's price could be attributed to several factors, including increased market optimism, positive news surrounding the cryptocurrency, or a broader rally in the cryptocurrency market. It is important to note that the cryptocurrency market is inherently volatile, and prices can fluctuate rapidly.
As with any investment, it is crucial to conduct thorough research and only invest what you can afford to lose.