(24-hour Dogecoin price trend)
Dogecoin (DOGE) Market Update: Surge in Value
As of October 19, 2024, 3:00 PM, Dogecoin (DOGE) has experienced a significant price increase. The latest price stands at $0.14513194258884, marking a remarkable surge of 7.68702384% over the past 24 hours.
This upward trend is evident in the substantial 24-hour trading volume, which has reached $2201348454.9873. This high level of activity indicates a strong presence of buyers and sellers in the market, fueling the positive momentum behind Dogecoin.
Additionally, the circulating supply of Dogecoin currently stands at 146428106383.71, with a maximum supply of undefined and a total supply of 146428106383.71. This limited supply contributes to the perception of Dogecoin as a scarce asset, making it more desirable to investors.
The market capitalization of Dogecoin has also risen sharply to $21251395529.072. This metric represents the total value of all DOGE tokens in circulation and serves as an indicator of the overall market sentiment towards the cryptocurrency.
These positive developments highlight the growing interest and confidence in Dogecoin. Its strong community support, combined with its increasing acceptance by merchants and consumers, bodes well for its future prospects.