(24-hour Dogecoin price trend)
Dogecoin Rallies Amid Market Volatility
As of November 13, 2024, 7 PM UTC, the price of Dogecoin (DOGE) stands at $0.38567624694809, with a 24-hour trading volume of $29682021177.438. The coin has experienced an increase of -2.82214119% in the last 24 hours.
Dogecoin's circulating supply is 146772926383.71, while its total and maximum supplies remain unknown. Its current market capitalization is $56606831401.255.
Recent Movements and Market Sentiment
Last night's market saw a pullback, with meme coins such as PeanutNeuro, ActPepeWif, and others performing strongly. Some reached new highs, while others staged V-shaped recoveries. The dip provided an entry opportunity for investors.
Bitcoin's surge to $90,000 has been met with a sharp retreat, leading to heightened market volatility. DOGE's rally has sparked optimism that meme coins are entering a new era.
Whale Activities
Whales, or large cryptocurrency holders, are accumulating certain coins. Rumors have spread about a potential major catalyst for a mysterious token, with speculation focusing on Bitcoin and Dogecoin. Whales have expressed interest in tokens poised for significant growth, such as Ton and SUI.
Conclusion
The cryptocurrency market remains highly volatile, with DOGE experiencing fluctuations alongside other digital assets. Traders should exercise caution and monitor the latest news and market trends before making investment decisions.