The latest price of Dogecoin at 07:00 on November 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Update and Market Analysis

November 29, 2024 at 07:00 AM

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, has witnessed a price surge over the past 24 hours. As of the time of writing, DOGE is trading at $0.40337108112757, marking an increase of 0.55219152% in value.

The 24-hour trading volume for DOGE stands at $5978876922.7657, indicating significant activity in the cryptocurrency market. Despite the recent gains, DOGE's price remains below its all-time high of $0.7315 reached in May 2021.

Dogecoin's circulating supply is currently 146984776383.71 DOGE, with a total supply of 146984776383.71 DOGE. The maximum supply of DOGE is not capped, which means that new coins can be mined indefinitely.

The market capitalization of DOGE is approximately $59289408159.19, ranking it among the top 10 largest cryptocurrencies by market cap. Dogecoin's strong community support and its use as a meme and tipping currency have contributed to its popularity.

However, it is important to note that cryptocurrency markets can be volatile, and the value of DOGE could fluctuate significantly in the future. Potential investors should conduct thorough research and understand the risks involved before making investment decisions.