(24-hour Dogecoin price trend)
Dogecoin Market Update: October 13, 2024, 6PM
As of October 13, 2024, 6 PM, the latest price of Dogecoin (DOGE) stood at $0.11190389838673. Over the past 24 hours, DOGE has recorded a trading volume of $519,919,240.6039, indicating a notable level of activity in the market.
In the past 24 hours, the value of Dogecoin has displayed a positive trend, with an increase of 0.60172639%. This price action suggests growth in demand and investor confidence in DOGE.
Key market statistics related to Dogecoin:
- Circulating supply: 146,347,316,383.71
- Maximum supply: Not specified
- Total supply: 146,347,316,383.71
- Circulating market cap: $16,376,835,221.772
These metrics provide insight into the distribution and availability of DOGE in the market. The lack of a maximum supply for DOGE implies that there are no restrictions on its potential production and circulation. However, the current circulating supply remains a significant proportion of the total supply, indicating a wide distribution among holders.
The positive price movement and increased trading volume of Dogecoin suggest that investors are actively engaging with the cryptocurrency. Its low price point compared to other cryptocurrencies like Bitcoin may have contributed to its recent popularity. As the cryptocurrency market continues to evolve and mature, DOGE's value and market share will depend on factors such as its adoption, technological advancements, and overall market sentiment.