The latest price of Dogecoin at 20:00 on August 8, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Recent Price Surge and Statistics

As of August 8, 2024, at 8 PM UTC, Dogecoin (DOGE) is trading at $0.10007305969798 with a 24-hour trading volume of $908,348,231.39664. The value of DOGE has increased by 0.5856521% in the past 24 hours, indicating a positive market sentiment.

Circulating Supply:

The circulating supply of Dogecoin is currently 145,448,196,383.71. This figure represents the total number of DOGE tokens that are in active circulation and available for trading or use.

Maximum Supply:

Dogecoin does not have a hard cap or maximum supply. This means that the total number of DOGE tokens that can be created is unlimited, and the circulating supply will continue to increase through mining and other activities.

Total Supply:

The total supply of Dogecoin is also 145,448,196,383.71. This value includes both the circulating supply and the amount of DOGE that has been created but is not currently in circulation.

Circulating Market Cap:

The circulating market capitalization of Dogecoin is $145,554,460,399.67. This figure is calculated by multiplying the circulating supply of DOGE by its current price. The circulating market cap represents the total value of all DOGE tokens that are currently in circulation.

Market Dynamics:

The recent surge in the price of Dogecoin has been attributed to various factors, including Elon Musk's continued interest in the cryptocurrency and the growing adoption of DOGE as a payment option by businesses and individuals. The market sentiment towards DOGE remains largely positive, with many investors and traders holding long-term expectations for its future value.