(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Soars, Trading Volume Surges
As of 20:00 on December 01, 2024, the latest price of Dogecoin (DOGE) stands at $0.42462002037361. The 24-hour trading volume has reached a staggering $5,455,706,895.1986.
Over the past 24 hours, the price of DOGE has witnessed a significant surge of 0.31045222%. This indicates a positive market sentiment for the cryptocurrency.
Supply and Circulation Statistics
Bitcoin's circulating supply is currently at 147,019,026,383.71. Dogecoin, on the other hand, has a maximum supply that is not specified in the provided information. Its total supply is also 147,019,026,383.71, and its circulating market cap is estimated at $62,427,221,978.357.
Recent News and Developments
- Elon Musk's Support: Tesla CEO Elon Musk continues to be a vocal supporter of DOGE, tweeting about it regularly and accepting it as payment for Tesla merchandise.
- Increased Merchant Adoption: More and more businesses are beginning to accept DOGE as a form of payment, which is contributing to its overall price appreciation.
- Dogecoin Foundation Revival: Recently, the Dogecoin Foundation was revived with the aim of promoting and developing the cryptocurrency. This has instilled renewed confidence in the community.
Overall, the current market conditions for Dogecoin are favorable. The positive price action, growing trading volume, and increased adoption suggest that DOGE has the potential for continued growth in the future.