(24-hour Dogecoin price trend)
Dogecoin (DOGE): Price Surge and Market Movements
As of November 22, 2024, at 04:00 UTC, the latest price of Dogecoin (DOGE) stands at $0.38510299517202. The coin has witnessed a notable surge in value, with its 24-hour trading volume reaching $7982673943.6026.
Over the past 24 hours, the price of Dogecoin has experienced a significant increase of 3.29208833%. It is worth noting that Bitcoin's current circulating supply stands at 146886856383.71, while the maximum supply and total supply for Dogecoin remain unknown.
The current market capitalization for Dogecoin is $56566568344.767, indicating its significant presence in the cryptocurrency market. This surge in price has sparked considerable interest and speculation among investors and traders.
Additional Information:
- Market Dominance: Dogecoin currently holds a 0.23% share of the overall cryptocurrency market, ranking among the top 100 cryptocurrencies by market capitalization.
- Coin Distribution: The distribution of Dogecoin is fairly decentralized, with no single entity holding a majority of the tokens.
- Use Cases: Dogecoin has gained popularity as a means of making online payments, tipping for content creators, and participating in charitable donations.
The recent price increase of Dogecoin has been attributed to several factors, including increased market interest, positive developments within the Dogecoin community, and broader positive sentiment towards the cryptocurrency market. It is important to note, however, that the cryptocurrency market is highly volatile, and it remains uncertain how Dogecoin's price will perform in the future.