The latest price of Dogecoin at 21:00 on October 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Soars 12% in 24 Hours

As of October 29, 2024, 9:00 PM, the live price of Dogecoin (DOGE) stood at $0.16660585819206. The 24-hour trading volume reached an impressive $372,618,9715.7814, indicating a surge in trading activity for the meme-inspired cryptocurrency.

Dogecoin's price witnessed a significant increase of 12.22432753% over the past 24 hours, a notable uptrend that reflects the coin's growing popularity and market sentiment. The remarkable growth has pushed DOGE closer to the $0.20 mark, a level it has not breached since June 2021.

The circulating supply of Dogecoin stands at 146,568,796,383.71 DOGE, with a maximum supply that has not been capped and a total supply of 146,568,796,383.71 DOGE. The market capitalization for DOGE is currently at $24,419,220,105.684, showcasing the substantial value that has been attributed to the coin.

Market analysts credit Dogecoins' resurgence to a combination of factors, including the upcoming Dogechain upgrade, which aims to enhance the cryptocurrency's capabilities and expand its functionality. Additionally, celebrity endorsements and widespread adoption as a payment method for goods and services have contributed to Dogecoin's growing popularity, fueling its upward momentum.

As the cryptocurrency market continues to evolve, it remains to be seen whether Dogecoin can sustain its current surge and reach new heights. However, the coin's recent price action signals that its appeal and value continue to grow, attracting the attention of both investors and the broader public alike.