(24-hour Dogecoin price trend)
Dogecoin Surges, Nearing $1 Threshold
On November 22, 2024, at 2 PM, Dogecoin (DOGE) traded at $0.3969922948852, with a 24-hour trading volume of $845,989,222,371.7176. DOGE experienced a 3.77837195% increase in value over the last 24 hours.
Key Metrics:
- Bitcoin (BTC) circulating supply: 146,892,676,383.71
- Dogecoin max supply: Unlimited
- Dogecoin total supply: 146,892,676,383.71
- Dogecoin circulating market cap: $58,315,260,699.396
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Market Outlook:
Bitcoin remains above the $98,000 mark after surging to $98,979 on Friday (November 22). SEC Chairman Gary Gensler has expressed concerns about the potential risks associated with cryptocurrency.
Analysts remain bullish on Dogecoin, citing its strong community support and potential use cases. The coin has garnered attention from major retailers and investors, further fueling its growth.
However, it's important to note that the cryptocurrency market is volatile, and investors should exercise caution before investing.