(24-hour Dogecoin price trend)
Dogecoin Prices Soar, Up 0.7898244% in Last 24 Hours
As of November 2, 2024, 1:00 PM UTC, the latest price of Dogecoin (DOGE) has surged to $0.16101702743613. This represents a significant increase of 0.7898244% within the past 24-hour period.
Trading volume for DOGE over the same time frame has been substantial, reaching an impressive $2273283022.3368. This suggests a high level of trading activity and market interest in the cryptocurrency.
Supply and Market Value Metrics
Total supply: 146619036383.71
Circulating supply: 146619036383.71
Maximum supply: None
The circulating supply represents the number of DOGE currently available for circulation and trading. Since DOGE has no maximum supply, there is no predetermined limit on the total number of coins that can be issued. As a result, the circulating supply may fluctuate over time.
With a circulating supply of 146619036383.71, the current market value of Dogecoin stands at $23608161404.055. This value is calculated by multiplying the circulating supply by the current price of DOGE.
Market Sentiment and Outlook
The recent upward trend in DOGE's price reflects positive market sentiment surrounding the cryptocurrency. DOGE has consistently attracted interest from retail investors and has a strong social media presence, particularly on platforms like Twitter and Reddit.
While the future of DOGE remains uncertain, the current momentum suggests that interest in the cryptocurrency remains high. Investors should carefully consider market trends and their own risk tolerance before making any trading decisions.