The latest price of Dogecoin at 03:00 on November 12, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges by Over 16%

As of November 12, 2024, at 03:00 UTC, the price of Dogecoin (DOGE) stood at $0.32245790997017, marking a significant increase of 16.04771647% over the previous 24 hours.

Market Performance

The past day has witnessed a surge in trading activity for DOGE, with a 24-hour trading volume of $19739959540.11. This high volume indicates increased market interest in the cryptocurrency.

Circulating Supply

Currently, the circulating supply of DOGE is 146749716383.71, representing the amount of tokens in active circulation.

Maximum Supply

Unlike many other cryptocurrencies, DOGE does not have a fixed maximum supply. Instead, it has an infinite supply, meaning that new tokens can be created over time.

Total Supply

The total supply of DOGE, including both circulating and uncirculated tokens, is also 146749716383.71.

Market Capitalization

Based on the current price and supply, the market capitalization of Dogecoin stands at $47320606833.804, indicating the total value of all DOGE tokens in circulation.

Conclusion

Dogecoin has experienced a notable surge in value in the past 24 hours, buoyed by increased market interest and trading activity. While the rally may not be sustainable in the long term, it highlights the volatility and potential for price swings in the cryptocurrency market. Investors are advised to conduct thorough research and exercise caution when making investment decisions.