The latest price of Dogecoin at 22:00 on October 12, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Experiences Upward Momentum

As of October 12, 2024, at 10:00 PM UTC, the latest price of Dogecoin (DOGE) stands at $0.11158931958091. Within the past 24 hours, DOGE has experienced a surge in trading volume amounting to $620,846,516.3768.

Over the past day, the price of Dogecoin has rallied by a notable 2.30741877%. This upward trend has led DOGE to a significant rise in its total and circulating supply.

Key Statistics

• Circulating supply: 146,336,296,383.71 DOGE
• Maximum supply: N/A
• Total supply: 146,336,296,383.71 DOGE
• Circulating market capitalization: $16,329,567,743.448

Market Dynamics

The surge in DOGE's price can be attributed to several factors. First, there has been a growing interest in Dogecoin as a viable alternative to other cryptocurrencies, such as Bitcoin. Second, the increasing adoption of DOGE by major retailers and e-commerce platforms has boosted its usability and liquidity.

However, it's important to note that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors are advised to exercise caution and conduct their own due diligence before investing in Dogecoin or any other cryptocurrency.