The latest price of Dogecoin at 07:00 on November 11, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges by over 26%

As of November 11, 2024, 7:00 AM, the latest price of Dogecoin (DOGE) is $0.27443711237102, with a 24-hour trading volume of $14796192028.417. Dogecoin has witnessed a significant surge of 26.27882372% in the past 24 hours.

Key Metrics

• Circulating Supply: 146738746383.71
• Maximum Supply: N/A
• Total Supply: 146738746383.71
• Market Capitalization: $40270557830.488

Market Dynamics

The recent surge in Dogecoin's price is attributed to several factors:

• Elon Musk's Endorsement: Tesla CEO Elon Musk's continued support for Dogecoin on social media has bolstered its popularity.
• Community Enthusiasm: The Dogecoin community remains highly engaged and enthusiastic, contributing to its price growth.
• Retail Investor Interest: Retail investors have shown increasing interest in Dogecoin, driving demand and price appreciation.

Future Prospects

The future prospects of Dogecoin are difficult to predict, as they depend on various factors, including broader market conditions, regulatory updates, and technological developments. However, the recent price surge indicates that Dogecoin continues to enjoy support from a dedicated community and is poised for further growth.