(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: Steady Growth Continues
As of October 24, 2024, 7:00 PM UTC, Dogecoin (DOGE) is trading at $0.13776602842739. Over the past 24 hours, the volume of DOGE transactions has reached an impressive $1,433,937,730.5413.
Price Movement
In the past 24 hours, DOGE has experienced a modest increase of 0.19639147%. This upward trend indicates continued confidence in the cryptocurrency among investors and traders. The daily gain has contributed to a stable price movement for DOGE, which is currently trading within a narrow range.
Market Supply
Dogecoin's circulating supply currently stands at 146,499,246,383.71. The total supply also remains unchanged at 146,499,246,383.71, suggesting that no new coins have been issued recently. This limited supply helps maintain the scarcity of DOGE and potentially drives its valuation.
Market Capitalization
Based on the current price and circulating supply, Dogecoin's market capitalization has reached $20,182,619,341.889. This figure represents the total value of all DOGE coins in circulation and is a measure of the cryptocurrency's overall importance in the digital asset market.
Outlook
Dogecoin's recent price action has demonstrated resilience and sustained growth. The steady rise in trading volume is indicative of increasing interest in the cryptocurrency. With its limited supply and growing acceptance, DOGE is well-positioned to maintain its momentum in the long term.
However, as with any investment, it's important to conduct thorough research and due diligence before investing in any cryptocurrency. Market conditions can change rapidly, and the value of DOGE may fluctuate significantly over time.