The latest price of Dogecoin at 21:00 on October 13, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: 13 October 2024

As of 09:00 PM UTC on October 13, 2024, Dogecoin (DOGE) stands at $0.1114125155255, marking a 0.20075905% increase in value over the past 24 hours. This corresponds to a 24-hour trading volume of $516,889,567.35702.

Key Metrics:

• Current Price: $0.1114125155255
• 24-Hour Price Change: 0.20075905%
• 24-Hour Trading Volume: $516,889,567.35702
• Circulating Supply: 146,349,016,383.71
• Maximum Supply: N/A
• Total Supply: 146,349,016,383.71
• Market Cap: $16,305,112,059.992

Market Analysis:

Dogecoin has experienced a modest recovery over the past 24 hours, driven by positive sentiment and increased trading activity. The token's price has been trading within a narrow range over the past few days, indicative of stable market conditions.

Dogecoin remains a popular cryptocurrency among retail investors and Shiba Inu enthusiasts. Its affordability and association with influential figures like Elon Musk continue to attract new adopters.

Outlook:

The future of Dogecoin's price is uncertain. However, several factors could influence its value, including:

• Elon Musk's involvement and Twitter ownership
• Adoption by businesses and merchants
• Release of updates and improvements to the Dogecoin protocol
• Competition from other meme coins

Investors are advised to conduct thorough research and consider their risk tolerance before making any investment decisions.