(24-hour Dogecoin price trend)
Dogecoin on the Rise
On December 12, 2024, at 9:00 PM, Dogecoin (DOGE) was trading at $0.41597417293612 with a 24-hour trading volume of $608,778,4564.9346. DOGE has seen a 3.20672675% price increase in the past 24 hours.
Circulating Supply: 147,169,246,383.71
Maximum Supply: Not applicable
Total Supply: 147,169,246,383.71
Market Cap: $61,218,605,546.093
Market Sentiment and News
The release of the Consumer Price Index (CPI) data met market expectations.
Recent positive news has left investors feeling optimistic about the future of the cryptocurrency market.
Exchange-traded funds (ETFs) have been buying DOGE aggressively, suggesting a bullish trend.
"Whales," or large holders of DOGE, have been accumulating the cryptocurrency in significant quantities over the past few days.
The recent market rally has seen Bitcoin (BTC) surge above $100,000, while altcoins like DOGE have experienced gains of around 6%.
Other notable performers in the meme coin space include PEPE and DOGE, which have led the rally.