The latest price of Dogecoin at 15:00 on August 24, 2024

(24-hour Dogecoin price trend)

Dogecoin Soars 4.7%, Reaching $0.112

Dogecoin (DOGE), the popular meme-themed cryptocurrency, has experienced a significant surge in value, with its price reaching $0.11248347505613 as of August 24, 2024, at 3 PM.

Over the past 24 hours, DOGE has seen a substantial increase of 4.70952776%, indicating renewed interest and bullish sentiment among investors. The 24-hour trading volume has also surged, reaching an impressive $878,660,730.4412, reflecting the increased activity and demand for the cryptocurrency.

Dogecoin's current circulating supply stands at 145,662,766,383.71 DOGE. It has a maximum supply limit, unlike Bitcoin, which means that the total number of DOGE that will ever be created is capped. The total supply of DOGE is also set at 145,662,766,383.71 DOGE.

As a result of its recent price rally, Dogecoin's market capitalization has surged to $16,384,654,149.128, making it one of the most valuable cryptocurrencies by market capitalization.

Despite its volatile nature, Dogecoin has consistently attracted attention and investment due to its strong community support and its association with Elon Musk, who has repeatedly endorsed the cryptocurrency. While the future of DOGE is uncertain, its recent performance suggests that it may continue to be a popular and potentially lucrative investment for some in the years to come.