(24-hour Dogecoin price trend)
Dogecoin Soars High with Double-Digit Gain
As of October 18, 2024, 10:00 PM UTC, Dogecoin (DOGE) stood at $0.13484238494276, showcasing an impressive 24-hour trading volume of $2,155,926,674.1336. The past 24 hours have been bullish for DOGE, with a remarkable 10.78527689% price surge.
Bitcoin's market cap currently stands at $146,418,566,383.71, while Dogecoin's market cap has reached $19,743,428,691.078. This translates to a circulating supply of 146,418,566,383.71 DOGE, with a total supply of 146,418,566,383.71. The circulating supply figure represents the amount of DOGE in active circulation, excluding those that are locked up or otherwise unavailable.
Dogecoin's price rise aligns with the broader crypto market's positive momentum. Bitcoin, the world's largest cryptocurrency, has also seen a recent uptick, reaching $59,336.10. This surge in sentiment is encouraging investors to seek out alternative cryptocurrencies, including Dogecoin.
DOGE's strong social media presence and enthusiastic community have contributed to its recent popularity. The coin is often associated with memes and jokes, but its underlying technology and growing adoption are making it a more serious contender in the cryptocurrency landscape.
As with all crypto investments, it is essential to approach Dogecoin with caution and conduct thorough research before making any decisions. The market for cryptocurrencies is highly volatile, and prices can fluctuate significantly over short periods.