(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Soars by 9.35% in 24 Hours
At 22:00 UTC on October 16, 2024, Dogecoin (DOGE) traded at $0.12717678667165. Over the past 24 hours, it experienced a significant price surge of 9.35294032%. This surge has contributed to an increase in its 24-hour trading volume, which currently stands at $2190874556.024.
Supply and Market Statistics
- 流通量: 146391116383.71 (14.64 trillion)
- 最大供应量: N/A
- 总供应量: 146391116383.71 (14.64 trillion)
- 流通市值: $18617551778.955
Recent Price Movements
In the past day, Dogecoin's price has experienced significant volatility. Following the initial price hike, it underwent a slight correction before consolidating around the current price level. The surge in trading volume indicates increased market activity and investor interest.
Market Sentiment and Outlook
The positive price movement reflects increased optimism within the Dogecoin community. Meme coin enthusiasts and cryptocurrency traders continue to support DOGE, contributing to its recent uptrend. However, it is important to note that the cryptocurrency market remains highly volatile, and future price movements may be influenced by various factors, including regulatory decisions, global economic events, and technological advancements.
About Dogecoin
Dogecoin, created in 2013, is a decentralized, peer-to-peer digital currency based on the Litecoin blockchain. It is known for its iconic Shiba Inu dog logo and has a playful, community-driven reputation. Dogecoin has gained significant popularity and media attention over the years, notably through its association with celebrities and online influencers.