The latest price of Dogecoin at 19:00 on September 28, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges by 7.78%

As of September 28, 2024, at 7 pm, Dogecoin (DOGE) is trading at $0.12645070386065, marking a 7.78503655% increase in the last 24 hours. This surge has boosted the coin's circulating supply to 146,138,526,383.71 DOGE, while the total and maximum supply remain unchanged.

The 24-hour trading volume for DOGE stands at $1,341,252,382.3161, indicating strong market activity. The coin's rise in value has contributed to a current market capitalization of $18,479,319,522.377.

Dogecoin, known for its Shiba Inu mascot and association with internet memes, has experienced a steady upward trend in recent months. Its affordable price point and playful nature have made it attractive to retail investors while gaining traction among some institutional players.

Analysts point to several factors that may have contributed to DOGE's recent surge. One potential driver is the growing acceptance of cryptocurrencies as a method of payment by businesses and merchants. Additionally, positive news and sentiment surrounding the cryptocurrency market could have boosted investor interest in DOGE.

As the cryptocurrency landscape continues to evolve, it remains to be seen whether Dogecoin can sustain its upward momentum or face market volatility. However, its recent performance highlights the enduring appeal of the "meme coin" among its loyal supporters.