(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges as Market Rebounds
As of September 14, 2024, 5:00 pm ET, Dogecoin (DOGE) is trading at $0.10653831755365, marking a surge of 2.40321209% in the past 24 hours. The 24-hour trading volume for DOGE currently stands at $669,775,450.6899.
During this period, Bitcoin (BTC) has maintained a stable performance. The current circulating supply of BTC is 145,950,616,383.71.
Regarding Dogecoin's supply dynamics, the maximum supply and total supply remain unspecified. However, the circulating supply of DOGE is identical to Bitcoin's, at 145,950,616,383.71, as both cryptocurrencies share a common blockchain.
The market capitalization for Dogecoin currently stands at $15,549,333,115.438. This value represents the total value of all circulating DOGE tokens.
The recent rise in DOGE's price can be attributed to several factors, including increased adoption and positive market sentiment. The cryptocurrency's popularity among retail investors has grown in recent months, particularly on social media platforms like Twitter. Additionally, the overall recovery of the cryptocurrency market has fueled optimism and buying activity in altcoins like DOGE.
As the market continues to evolve, it remains important for investors to conduct thorough research and consider market risks before making any investment decisions.