(24-hour Dogecoin price trend)

Dogecoin Surges on the Back of Whales and Sharks

On November 13, 2024, at 9:00 PM, the price of Dogecoin (DOGE) stood at $0.38859413486811, marking a 24-hour trading volume of $279,590,596,318.849. Over the past day, the value of Dogecoin has experienced a notable surge of 5.03137594%. The circulating supply of Dogecoin is currently 146,773,806,383.71, with a maximum supply and total supply of the same value. Consequently, the market capitalization of Dogecoin amounts to $57,035,440,312.975.

Recent on-chain data indicates a resurgence of sharks and whales on the Dogecoin network, which has played a significant role in its price appreciation. Within the past week alone, Dogecoin has witnessed an impressive surge of over 150%, attributed to this influx of large-scale investors.

A temporary dip in prices was observed yesterday, presenting an opportune moment for market entry. Nonetheless, the overall sentiment remains bullish, with meme coins such as DOGE leading the charge and establishing new highs. The return of whales and sharks has ignited a widespread belief that Dogecoin, along with other meme tokens, is poised to embark on a new era of growth and dominance within the cryptocurrency market.