The latest price of Dogecoin at 20:00 on August 14, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Soars with 1.71% Gain

August 14, 2024, 8:00 PM

Dogecoin (DOGE), the popular cryptocurrency popularized by Elon Musk, has experienced a significant surge in its price over the past 24 hours. As of tonight, DOGE is trading at $0.10592729481052, marking a commendable 1.71899579% increase.

The surge in DOGE's price has also led to an increase in trading volume. In the past 24 hours alone, DOGE has witnessed an impressive trading volume of $486,208,493.05753. This surge in activity suggests growing interest in DOGE from both investors and traders.

Dogecoin's current circulating supply stands at 145,529,406,383.71. While there is no maximum supply limit for DOGE, its total supply is capped at 145,529,406,383.71. With this in mind, DOGE's current market capitalization, which represents the total value of all circulating DOGE tokens, is estimated at $15,415,536,333.606.

Analysts attribute DOGE's recent rise to a combination of factors, including positive news regarding the currency's development, increased adoption by businesses, and the overall positive sentiment in the cryptocurrency market.

At the time of writing, it is unclear whether the current DOGE rally will continue. However, the recent price surge and increased trading volume suggest that DOGE is attracting renewed attention and could potentially gain further momentum in the days to come.