The latest price of Dogecoin at 16:00 on October 14, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges in Value

As of October 14, 2024, 4 PM UTC, the live price of Dogecoin (DOGE) stands at $0.11224985314853. The 24-hour trading volume has reached a significant $753,559,788.37193.

Market Dynamics

Over the past 24 hours, Dogecoin has witnessed a remarkable upswing of 0.46541303%. This positive trend indicates growing investor confidence and speculation in the cryptocurrency market.

Key Metrics

• Circulating Supply: 146,360,136,383.71
• Maximum Supply: Unlimited
• Total Supply: 146,360,136,383.71
• Market Capitalization: $16,428,903,815.87

Market Analysis

The recent surge in Dogecoin's price can be attributed to a combination of factors, including:

• Community Support: Dogecoin enjoys a strong and loyal community that actively supports and promotes the cryptocurrency.
• Speculative Sentiment: The market is bullish on altcoins such as Dogecoin, leading to speculative buying and price appreciation.
• Market Volatility: Cryptocurrency markets are highly volatile, and sudden price fluctuations are common.

Outlook

While Dogecoin's price remains volatile, the positive momentum and growing interest suggest that it could continue to perform well in the coming weeks and months. However, investors should exercise caution and do their own research before making any investment decisions.