(24-hour Dogecoin price trend)

Dogecoin Bulls Continue to Charge: Price Soars Over 6%

As of November 9, 2024, 5:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.20988078567167, surging by a significant 6.21260056% over the past 24 hours. This remarkable price gain has propelled DOGE to a 24-hour trading volume of $4118235694.189, indicating the altcoin's increasing popularity and market activity.

Delving deeper into the coin's supply metrics, Bitcoin has a circulating supply of 146717026383.71, while Dogecoin's supply remains unknown. The total supply for Dogecoin, however, stands at 146717026383.71. As a result, DOGE's market capitalization has soared to an impressive $30793084768.824.

This latest price surge for Dogecoin is attributed to the growing interest and adoption of the digital currency across various platforms and communities. DOGE's unique characteristics, such as its fast transaction times, low fees, and active community, have made it a favored choice among cryptocurrency enthusiasts and mainstream users alike.

The ongoing bullish sentiment surrounding DOGE is further fueled by positive news and announcements from the Dogecoin Foundation, which has been diligently working to enhance the coin's usability and mainstream adoption. With its growing use cases, increasing liquidity, and expanding merchant acceptance, Dogecoin is poised to continue its upward trajectory in the months and years to come.