(24-hour Dogecoin price trend)
Dogecoin Price Surges Ahead
As of December 6, 2024, 5:00 AM, the latest price of Dogecoin (DOGE) is $0.43250206323691. The 24-hour trading volume stands at $15,751,833,171.429, signifying a surge of 3.06060565% in value over the past day.
Key Metrics
Metric | Value |
---|---|
Circulating Supply | 147,078,336,383.71 |
Max Supply | Not Applicable |
Total Supply | 147,078,336,383.71 |
Market Cap | $63,611,683,943.405 |
Market Dynamics
Dogecoin has exhibited strong growth in recent times. The increasing adoption of DOGE as a means of payment and its association with influential figures, such as Elon Musk, have contributed to its positive price action. However, market volatility remains a factor, and investors should exercise caution when making any trading decisions.
Industry Outlook
The cryptocurrency market continues to evolve rapidly, with new developments and regulations emerging regularly. The long-term prospects for Dogecoin depend on several factors, including regulatory clarity, adoption by major institutions, and the overall health of the crypto ecosystem.