(24-hour Dogecoin price trend)
Dogecoin Surges by 4.30% as Crypto Market Rally Continues
January 15, 2025, 10:00 PM (UTC)
Dogecoin (DOGE) has experienced a significant price increase in the past 24 hours, following a broader market rally. At the time of writing, the price of DOGE stands at $0.36568158934773, representing a gain of 4.3097855%.
The 24-hour trading volume for DOGE has also surged, reaching $3,349,857,040.417. This surge in trading activity suggests that investors are actively participating in this rally.
Key metrics for Dogecoin include:
- Circulating Supply: 147,633,886,383.71
- Maximum Supply: None
- Total Supply: 147,633,886,383.71
- Market Capitalization: $53,986,994,214.376
The recent rally in the crypto market has been fueled by a number of factors, including the release of positive inflation data, strong corporate earnings, and increased investor confidence. Bitcoin (BTC) has led the market surge, breaking through key resistance levels.
Other altcoins have also benefited from this positive momentum, with XRP gaining 12% and Axie Infinity (AXS) surging 43% in the past 24 hours. Dogecoin's price increase comes amid a broader rally in the memecoin market. Shiba Inu (SHIB) has also seen a significant price increase, gaining approximately 12% in the same period.
It is important to note that the crypto market remains volatile, and investors should exercise caution when making any investment decisions. It is always advisable to conduct thorough research and invest only what one can afford to lose.