The latest price of Dogecoin at 22:00 on August 11, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Soars 2.8% in 24 Hours

As of August 11, 2024, 10:00 PM, the latest price of Dogecoin (DOGE) stood at $0.10667317308427. This represents a noteworthy 2.83677276% gain in the past 24 hours.

Over the same period, DOGE's 24-hour trading volume amounted to an impressive $543,972,823.08819. This surge in activity highlights the growing interest in DOGE among cryptocurrency enthusiasts.

Regarding supply figures, Bitcoin's circulating supply stands at a massive 145,489,936,383.71. Dogecoin, on the other hand, has no maximum supply, and its total and circulating supply both hover at 145,489,936,383.71.

As of the current market conditions, DOGE's circulating market capitalization is estimated at $15,519,873,165.879. This signifies a significant valuation for the cryptocurrency in the overall market landscape.

The remarkable price appreciation witnessed by DOGE in recent times is attributed to several factors. Notably, the crypto community's ongoing enthusiasm for meme-based currencies like DOGE has played a pivotal role. Additionally, the recent upswing in the broader cryptocurrency market has provided a favorable environment for altcoins like DOGE to flourish.

Investors should be aware that the cryptocurrency market is highly volatile, and prices can fluctuate drastically in a short period. Therefore, it's crucial to exercise due diligence and conduct thorough research before making any investment decisions involving Dogecoin or any other cryptocurrency.