(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Surge Continues
As of August 24, 2024, 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.11222791427808, marking a notable increase in value. Over the past 24 hours, DOGE has witnessed a substantial surge of 4.05946707%.
Key Market Metrics
- Current Price: $0.11222791427808
- 24-Hour Trading Volume: $945,313,330.75174
- Change in Price (24 Hours): +4.05946707%
Circulating and Total Supply
- Circulating Supply: 145,666,716,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 145,666,716,383.71 DOGE
Market Capitalization
The total market capitalization of Dogecoin currently stands at $16,347,871,759.479, reflecting the significant market share held by this cryptocurrency.
Market Trend Analysis
The recent price surge in Dogecoin is a testament to its growing popularity and adoption within the cryptocurrency space. The asset has consistently gained traction in the market due to its use as a tipping currency on social media platforms and its perceived scarcity due to the lack of a maximum supply limit.
Analysts believe that the ongoing demand for Dogecoin, coupled with the positive sentiment surrounding the broader cryptocurrency market, will likely fuel further growth in its price in the coming months. However, investors are advised to exercise caution and conduct thorough research before making any investment decisions.