(24-hour Dogecoin price trend)

Dogecoin: Recent Price Performance and Market Statistics

As of November 19, 2024, at 1:00 PM EST, Dogecoin (DOGE) is currently trading at $0.3884628854214. In the past 24 hours, the trading volume of DOGE has reached an impressive $893,974,6378.6322, indicating a significant level of trading activity.

Over the past day, Dogecoin has experienced a notable price increase of 4.33811941%. This growth in value highlights the ongoing demand and interest in the cryptocurrency among investors.

Supply and Market Capitalization of Dogecoin

The current circulating supply of Dogecoin stands at 146,851,496,383.71. However, the maximum supply and total supply are not specified in the information provided.

Dogecoin's market capitalization is calculated by multiplying its current price by the circulating supply, which results in a value of approximately $57,046,356,013.664. This figure indicates the total value of all Dogecoin currently in circulation.

Significance of Dogecoin

Dogecoin, despite its origins as a joke cryptocurrency, has gained significant popularity and market momentum in recent years. Its unique characteristics, such as its low cost and high transaction speed, have attracted a growing number of supporters.

Dogecoin's performance in the past 24 hours, characterized by a price increase and substantial trading volume, suggests that the cryptocurrency is maintaining its relevance and gaining further adoption among enthusiasts and investors alike.