Price: $0.39576 4.1439%
Market Cap: 58.13B 1.7644%
Volume (24h): 8.75B 0.4%
Dominance: 1.7644%
Price: $0.39576 4.1439%
Market Cap: 58.13B 1.7644%
Volume (24h): 8.75B 0.4%
Dominance: 1.7644% 1.7644%
  • Price: $0.39576 4.1439%
  • Market Cap: 58.13B 1.7644%
  • Volume (24h): 8.75B 0.4%
  • Dominance: 1.7644% 1.7644%
  • Price: $0.39576 4.1439%
Home > Information news > The latest price of Dogecoin at 18:00 on November 9, 2024

The latest price of Dogecoin at 18:00 on November 9, 2024

Release: 2024/11/09 18:30 Reading: 207

Original author:DogeHome

(24-hour Dogecoin price trend)

Dogecoin Soars as Crypto Market Rallies

As of November 9, 2024, 6:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.20893088344001. The 24-hour trading volume for DOGE is $4,195,355,766.7069. Over the past 24 hours, the price of Dogecoin has surged by a remarkable 6.63636803%.

Tokenomics

The circulating supply of Dogecoin is 146,717,916,383.71, while the maximum supply is not applicable. The total supply of DOGE is 146,717,916,383.71. At its current price, Dogecoin boasts a market capitalization of $30,653,903,886.525.

Market Dynamics

The recent surge in Dogecoin's price is part of a broader rally in the cryptocurrency market. Bitcoin, the largest cryptocurrency by market capitalization, has broken past several key resistance levels in recent days, reaching new all-time highs. This momentum has spilled over into the altcoin market, where Dogecoin has emerged as a major beneficiary.

Analyst Commentary

Cryptocurrency analysts believe that Dogecoin's price increase is primarily driven by speculative trading. The coin has a strong community following and has been heavily promoted on social media platforms like Reddit and Twitter. Additionally, the recent listing of DOGE on major cryptocurrency exchanges has increased its accessibility to a wider range of investors.

However, analysts caution that Dogecoin's price is highly volatile and susceptible to market corrections. The cryptocurrency market has a history of sharp swings, and investors should be prepared for potential downturns.

Conclusion

The recent rally in Dogecoin's price has been a positive sign for the cryptocurrency market as a whole. It suggests that investors are increasingly seeking out alternative cryptocurrencies beyond Bitcoin and Ethereum. Dogecoin's strong community support and increasing accessibility make it a promising asset for investors who are looking for high-yield opportunities.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.