The latest price of Dogecoin at 21:00 on September 10, 2024

(24-hour Dogecoin price trend)

Dogecoin Prices Soar Despite Market Slowdown

As of September 10, 2024, at 9 PM, Dogecoin (DOGE) registered an impressive price of $0.1028634160161. This represented a significant 4.75919716% increase within the past 24 hours.

DOGE's total trading volume stood at $662,890,914.34357, indicating substantial market activity. Despite a sluggish performance in the broader cryptocurrency market, Dogecoin's price performance stood out.

Key metrics for Dogecoin:

• Circulating supply: 145,898,536,383.71
• Maximum supply: Not applicable (infinite supply)
• Total supply: 145,898,536,383.71
• Market capitalization: $15,007,621,844.177

Dogecoin's surge comes amidst speculation that its association with popular social media platform Twitter, owned by Elon Musk, may be contributing to its price growth. Musk has expressed admiration for Dogecoin and is believed to hold a substantial amount of the cryptocurrency.

Analysts believe that Dogecoin's price increase could be driven by both community support and the wider adoption of cryptocurrencies for payments and investments. However, it remains crucial for investors to exercise caution and conduct thorough research before making any investment decisions.