The latest price of Dogecoin at 20:00 on July 21, 2024

(24-hour Dogecoin price trend)

Dogecoin's Steady Rise: Price and Metrics Report

As of July 21, 2024 at 8:00 PM, Dogecoin (DOGE) stands at a price of $0.13146494010515. This represents a 4.23612332% increase in value over the past 24 hours. The daily trading volume for DOGE has reached $1050630421.9142, indicating increasing market activity.

Dogecoin's circulating supply currently sits at 145,206,056,383.71, with no maximum supply limit and a total supply of 145,206,056,383.71. The market capitalization for DOGE stands at $19,089,505,505.389, solidifying its position as a significant player in the cryptocurrency market.

Key Metrics:

• Price: $0.13146494010515
• 24-hour Trading Volume: $1050630421.9142
• Price Change (24 hours): +4.23612332%
• Circulating Supply: 145,206,056,383.71
• Total Supply: 145,206,056,383.71
• Market Capitalization: $19,089,505,505.389

The recent price increase for Dogecoin can be attributed to a combination of factors, including:

• Increased Adoption: Companies like Tesla and Newegg have begun accepting DOGE as payment, boosting its utility and creating positive market sentiment.
• Elon Musk Support: The continued support of Tesla CEO Elon Musk has helped maintain interest in Dogecoin and contributed to its price stability.
• Community Enthusiasm: A dedicated community of DOGE supporters continue to rally around the cryptocurrency, promoting its circulation and driving up demand.

Outlook:

Analysts predict that Dogecoin's upward trend will continue in the short to medium term, potentially reaching new price highs. However, it's important to note that cryptocurrency markets are volatile and subject to market fluctuations.