The latest price of Dogecoin at 16:00 on October 7, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Prices Rally 4.6%

As of October 7, 2024, 4:00 PM UTC, Dogecoin (DOGE) is trading at $0.11422393986055, with a 24-hour trading volume of $590,543,273.93417. Over the past 24 hours, DOGE's price has surged by an impressive 4.59667756%.

Key Metrics

• Bitcoin's Circulating Supply: 146,264,666,383.71
• Dogecoin's Circulating Supply: 146,264,666,383.71
• Dogecoin's Maximum Supply: Not applicable
• Dogecoin's Total Supply: 146,264,666,383.71
• Dogecoin's Market Cap: $16,706,926,456.736

Outlook

Dogecoin's recent price surge continues a bullish trend that has seen the cryptocurrency gain significant value over the past few months. This rise can be attributed to several factors, including the increasing popularity of meme coins, positive news surrounding Tesla's acceptance of DOGE for merchandise, and growing expectations of wider adoption.

However, it is important to note that the cryptocurrency market remains volatile, and DOGE's price can fluctuate significantly in the short term. Investors should exercise caution and conduct thorough research before making any investment decisions.