(24-hour Dogecoin price trend)
Dogecoin Surges, Surpassing Porsche's Market Cap
As of November 28, 2024, 6:00 PM EST, the live Dogecoin (DOGE) price is $0.40315376416401, with a 24-hour trading volume of $7,117,588,155.4398. The price of DOGE has increased by 2.83075552% in the past 24 hours.
Key Metrics
- Circulating supply: 146,977,006,383.71 DOGE
- Maximum supply: None
- Total supply: 146,977,006,383.71 DOGE
- Market capitalization: $59,254,333,369.149
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- $1.58 Billion in Longs to be Liquidated if Market Drops to $92,600
Analysis
Despite the recent market fluctuations, Dogecoin continues to gain momentum. Its market capitalization has surpassed that of Porsche, a testament to the growing adoption and popularity of the altcoin. The ongoing integration of Dogecoin into various payment platforms and retail outlets is likely to further boost its value.
With no immediate signs of a reversal, DOGE is expected to continue its upward trajectory in the short to medium term. The positive sentiment surrounding the coin, coupled with its strong technical indicators, suggests that it has the potential to reach even higher levels in the coming months.