(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges 5.48% with a Market Cap of $49.16B
On January 11, 2025, at 04:00 UTC, Dogecoin (DOGE) rallied to a price of $0.33313801864827, representing a significant 5.48220271% increase in value over the preceding 24 hours. This upswing has been accompanied by a surge in trading activity, with $3424652673.3581 worth of DOGE exchanging hands over the same period.
Key Cryptocurrency Metrics
- Dogecoin Price: $0.33313801864827
- 24-Hour Trading Volume: $3424652673.3581
- Price Change (24 Hours): +5.48220271%
- Circulating Supply: 147569576383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 147569576383.71 DOGE
- Market Cap: $49161036289.232
Market Dynamics
The recent price surge follows a period of consolidation for DOGE, which had been trading in a narrow range for several weeks. Analysts attribute the rally to a combination of factors, including:
- Renewed investor interest in the meme currency.
- Positive sentiment surrounding the upcoming partnership with SpaceX.
- Speculation that DOGE will be accepted as payment for Twitter's paid subscription service.
It is important to note that the cryptocurrency market remains volatile, and price fluctuations can be substantial. Investors are advised to conduct thorough research and exercise caution before making any trading decisions.