(24-hour Dogecoin price trend)
Dogecoin Continues Uptrend, Soaring Over 5%
As of August 20, 2024, at 10:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.10519089315656. This represents an increase of 5.51206149% within the past 24 hours.
DOGE's 24-hour trading volume totals $651,487,442.56554, indicating significant market activity. This surge in price action reflects growing investor confidence in the cryptocurrency.
Supply and Circulation
The current circulating supply of DOGE is 145,612,126,383.71, while the maximum supply remains uncapped. The total supply is also recorded at 145,612,126,383.71.
Market Capitalization
The market capitalization of Dogecoin, which is used to calculate its overall value in the market, now stands at $15,317,069,628.728. This places DOGE among the top cryptocurrencies by market cap.
Conclusion
Dogecoin has shown impressive momentum over the past 24 hours, with its price climbing over 5%. The increased trading volume and positive market sentiments suggest that investors are bullish on the long-term prospects of this cryptocurrency. It remains to be seen whether DOGE will continue this uptrend in the days and weeks to come.