The latest price of Dogecoin at 16:00 on December 12, 2024

(24-hour Dogecoin price trend)

Dogecoin Surge Intensifies: SHIB Outperforms DOGE, but Will Doggy Coin's Price Hit $1 Again?

December 12, 2024, 4 PM PST: Dogecoin (DOGE) has surged 6.05990374% over the past 24 hours, with its latest price at $0.41700470169556. The 24-hour trading volume for DOGE stands at $641,116,0873.9851.

Bitcoin, the leading cryptocurrency, currently has a circulating supply of 147,166,676,383.71. Dogecoin, on the other hand, has an uncapped supply, with a circulating supply of 147,166,676,383.71 and a total supply of the same amount. Its current market capitalization is $61,369,195,984.914.

Related News:

• Shiba Inu Surges, Outperforming Dogecoin
• Dogecoin Nears New Highs as "Overbought" Conditions Cool
• Dogecoin Price to Drop 20% if This Happens

Analysts are cautiously optimistic about the future of Dogecoin. While the recent surge is encouraging, some experts believe the coin may face resistance before reaching the $1 mark again. However, the underlying market conditions and growing adoption of cryptocurrencies remain positive factors.

Traders should closely monitor the technical indicators and market news to make informed decisions. As always, it's crucial to conduct thorough research and invest only what you can afford to lose.