The latest price of Dogecoin at 07:00 on December 07, 2024

(24-hour Dogecoin price trend)

Dogecoin Soars by 1.55% in the Last 24 Hours

December 7th, 2024, 7:00 AM

Dogecoin (DOGE), the popular meme-based cryptocurrency, has seen a significant surge in its price over the past 24 hours. At the time of writing, DOGE's latest price stands at $0.4374098956686, with an impressive 24-hour trading volume of $6972710299.8837.

This latest price jump represents an increase of 1.5535608% compared to yesterday's value. Dogecoin's positive performance is particularly noteworthy given the overall market trend, which has seen a slight dip in prices across the crypto landscape.

Key Metrics

• Circulating supply: 147092986383.71
• Maximum supply: Unlimited
• Total supply: 147092986383.71
• Market capitalization: $64339927827.679

Additional Information

• Dogecoin is not capped in terms of maximum supply, meaning new DOGE can be created indefinitely.
• The coin is primarily used as a tip currency on social media platforms like Reddit and Twitter, rewarding content creators for their contributions.
• Dogecoin has gained widespread popularity thanks to its strong community and support from influential figures like Elon Musk.

Conclusion

Dogecoin's recent price surge is a testament to the continued interest in the cryptocurrency, despite the broader market downtrend. With its strong community and unique value proposition as a reward currency, DOGE is likely to remain a popular and influential force in the cryptocurrency ecosystem.