The latest price of Dogecoin at 06:00 on December 25, 2024

(24-hour Dogecoin price trend)

Dogecoin: Price Surge and Key Metrics

As of December 25, 2024, 6:00 AM UTC, the latest price of Dogecoin (DOGE) stood at $0.33542369019858. The 24-hour trading volume amounted to $3,244,410,978.2115, indicating a significant increase in market activity.

Over the past 24 hours, Dogecoin experienced a notable price surge of 4.18892299%, demonstrating a positive trend in its value. This rise contributed to an increase in its market capitalization, which currently stands at $494,208,322,280.043.

Circulating Supply, Maximum Supply, and Total Supply Metrics

Certain key metrics provide insight into Dogecoin's distribution and supply dynamics:

• Circulating Supply: 147,338,526,383.71 DOGE
• Maximum Supply: No maximum supply limit has been established for Dogecoin.
• Total Supply: 147,338,526,383.71 DOGE

The absence of a maximum supply limit differentiates Dogecoin from many other cryptocurrencies and allows for a potentially inflationary monetary policy. As new DOGE tokens continue to be mined and added to the circulating supply, it can lead to gradual increases in the total supply over time.

Conclusion

Dogecoin's recent price surge and key metrics paint a picture of a cryptocurrency experiencing growth in both value and trading activity. While the circulating supply continues to increase, the lack of a maximum supply provides room for future expansion. As investors monitor the evolution of Dogecoin and the broader cryptocurrency market, its performance remains a subject of interest and speculation.