(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges by 12%
As of October 29, 2024, 11:00 PM UTC, Dogecoin (DOGE) is trading at $0.16865136807838. Its 24-hour trading volume stands at $3,695,417,141.3619, marking a significant surge of 12.3298922% over the past day.
Key Statistics:
- Circulating Supply: 146,569,706,383.71
- Max Supply: N/A
- Total Supply: 146,569,706,383.71
- Market Cap: $24,719,181,500.458
Market Dynamics:
Dogecoin has experienced a notable rise in value, primarily driven by speculation and anticipation within the cryptocurrency community. Its recent price movements have been influenced by positive developments in the broader crypto market, as well as by growing interest in meme coins.
Outlook:
The future prospects of Dogecoin remain uncertain. While its widespread acceptance and community support provide some optimism, the highly speculative nature of meme coins can lead to significant price volatility. However, the coin's increasing popularity could potentially contribute to its sustained growth in the long term.