The latest price of Dogecoin at 18:00 on July 21, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges by 3.68%

At 18:00 GMT on July 21, 2024, the current price of Dogecoin (DOGE) stands at $0.13188526738935, with a substantial 24-hour trading volume of $1052926601.6271. Over the past 24 hours, DOGE has witnessed an impressive 3.68127172% increase in its value.

Key Metrics

• Circulating Supply: 145204886383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 145204886383.71 DOGE
• Market Capitalization: $19150385266.955

Overview

Dogecoin, a decentralized digital currency created as a parody of Bitcoin, has gained significant traction in recent years. It operates on a proof-of-work consensus mechanism, similar to Bitcoin. The unlimited maximum supply of DOGE distinguishes it from other cryptocurrencies with limited issuance.

The recent surge in DOGE's price can be attributed to various factors, including:

• Increased adoption as a payment option by online retailers and services
• Growing interest in the cryptocurrency market as a whole
• Positive news and developments related to Dogecoin's development and ecosystem

It's important to note that the cryptocurrency market is highly volatile, and historical performance is not necessarily indicative of future results. Investors should conduct thorough research and exercise caution when making any investment decisions.