(24-hour Dogecoin price trend)

Dogecoin Surge Continues, Hits New Highs

On November 12, 2024, at 7:00 pm EST, Dogecoin (DOGE) reached a new high of $0.39649067140548, marking a significant surge in its value. The 24-hour trading volume for DOGE has reached $34,857,287,741.11, indicating a substantial increase in activity.

Recent Price Movements

In the past 24 hours, the price of Dogecoin has risen by an impressive 36.85813058%. This surge in value has brought DOGE back into the spotlight, attracting the attention of investors and traders alike.

Supply and Market Cap

The current circulating supply of Dogecoin is 146,759,076,383.71, while its total supply remains undisclosed. The market capitalization of DOGE has climbed to $58,188,604,730.224, highlighting its growing dominance in the cryptocurrency market.

Related News and Developments

• Elon Musk's announcement of a "DOGE Efficiency Committee" has sparked concerns about potential mass layoffs within the US government and the possibility of abolishing the Federal Reserve (Fed).
• Dogecoin price predictions have been a topic of intense speculation, with some analysts predicting it could reach $1 within the month.
• While Dogecoin has experienced a significant rally, other major cryptocurrencies such as ADA, ETH, BNB, TON, XRP, TRX, and AVAX have remained relatively stable or even suffered minor losses.