The latest price of Dogecoin at 16:00 on September 10, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges with Promising Market Performance

At 4:00 PM UTC on September 10, 2024, Dogecoin (DOGE) marked a remarkable price of $0.10398294442805. This corresponds to an impressive surge of 6.82998557% in the past 24 hours.

The 24-hour trading volume for Dogecoin has also been substantial, reaching $675,440,625.93639. This surge in trading activity indicates strong investor interest in the cryptocurrency.

As of today, the circulating supply of Dogecoin stands at 145,895,706,383.71 DOGE. It's important to note that Dogecoin does not have a maximum supply, which means that new coins can be mined indefinitely. The total supply for Dogecoin is also 145,895,706,383.71 DOGE.

Based on its current price and circulating supply, Dogecoin's market capitalization is $15,170,665,129.188. This places Dogecoin among the top cryptocurrencies by market capitalization.

The positive market performance of Dogecoin is primarily attributed to its growing popularity and acceptance as a payment method. Several major online merchants now accept Dogecoin, including Etsy and Twitch. Additionally, the Dogecoin community remains highly active and engaged, with numerous initiatives underway to further promote its adoption.

While the cryptocurrency market can be volatile, the recent surge in Dogecoin's price demonstrates its resilience and potential for future growth. As Dogecoin continues to gain traction among investors and merchants, it is likely to remain a significant player in the cryptocurrency industry.