(24-hour Dogecoin price trend)
Dogecoin Prices Surge: Current Value and Market Analysis
As of August 13, 2024, at 2 PM, the latest price of Dogecoin (DOGE) stood at $0.10505213128871. Within the past 24 hours, the cryptocurrency's trading volume reached $828,140,692.65687, showcasing a significant increase in market activity.
Dogecoin's price has experienced an impressive 3.20454167% rise over the past 24 hours. This positive trend indicates strong market sentiment and growing demand for the token.
With a circulating supply of 145,512,466,383.71 and a maximum supply, the current circulating market cap for Dogecoin is estimated at $15,286,394,722.685. This valuation represents a significant slice of the overall cryptocurrency market.
The dynamics of the Dogecoin market are influenced by various factors, including supply and demand, news and developments, and broader macroeconomic conditions. Investors and traders closely monitor these factors to make informed decisions about their investments.
Dogecoin's price surge in recent hours suggests renewed interest in the cryptocurrency. While the market remains volatile, the ongoing growth in the token's value indicates its potential for further appreciation in the future. However, it is important to proceed with caution and conduct thorough research before making any investment decisions.