The latest price of Dogecoin at 18:00 on October 25, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Surges on Renewed Momentum

October 25, 2024, 6:00 PM EST – The price of Dogecoin (DOGE) has surged on the back of renewed market momentum, rising 1.04885949% over the past 24 hours. The latest price of DOGE stands at $0.13873294453776, marking an impressive increase from yesterday's value.

The upward trend has been driven by increased trading volume, with DOGE recording a 24-hour trading volume of $1267935152.3763. The coin's market capitalization has also seen a boost, now standing at $20326065640.346.

Dogecoin's circulating supply currently sits at 146512176383.71 DOGE, while its maximum supply and total supply remain unavailable. This has raised speculation among investors about the possibility of a future supply expansion, which could potentially impact DOGE's value.

The recent upward momentum in DOGE's price is a reflection of the broader recovery seen in the cryptocurrency market. Market sentiment has turned more positive in recent weeks, as investors anticipate an easing of inflationary pressures and a potential return to bull market conditions.

Dogecoin remains one of the most popular cryptocurrencies among retail investors and has gained widespread recognition for its vibrant online community. The coin's renewed momentum suggests that DOGE is well-positioned to benefit from the ongoing market recovery. However, investors should proceed with caution and conduct thorough research before investing in any cryptocurrency.