The latest price of Dogecoin at 16:00 on October 18, 2024

(24-hour Dogecoin price trend)

Dogecoin Rallies 11% in 24 Hours, Priced at $0.135

As of 4:00 PM EST on October 18, 2024, Dogecoin (DOGE) is trading at $0.13503503957536. Over the past 24 hours, DOGE has experienced a significant surge of 11.04452858%, with a trading volume of $2033767095.5952.

Circulating Supply: 146415136383.71 DOGE
Maximum Supply: N/A
Total Supply: 146415136383.71 DOGE

The market capitalization of Dogecoin currently stands at $19771173736.005, making it one of the top cryptocurrencies by market cap.

Upswing in DOGE Value

The recent rally in DOGE's price can be attributed to several factors, including increased retail and institutional demand, positive news and developments surrounding the coin, and a broader market sentiment favoring cryptocurrencies.

Long-Term Outlook

Analysts remain cautiously optimistic about the long-term prospects for Dogecoin, highlighting its strong community support and unique memetic appeal. While its volatility may persist, DOGE's potential for growth in the coming months and years should not be overlooked.

Investment Considerations

Investors considering Dogecoin should proceed with caution, as it remains a highly speculative asset. Fluctuations in its price can be substantial, and it is essential to understand the risks involved before making any investment decisions.