(24-hour Dogecoin price trend)

Dogecoin Soars, Reaching a 3-Year High

As of November 11, 2024, at 10:00 PM, the price of Dogecoin (DOGE) stands at $0.2854589717292, with a 24-hour trading volume of $18,773,730,702.451. Over the past 24 hours, DOGE has witnessed a remarkable surge of 15.78597031%.

Circulation and Supply

The current circulating supply of Dogecoin is 146,746,806,383.71, while its maximum and total supply remain unknown. With a circulating market cap of $41,890,192,454.836, DOGE ranks among the top cryptocurrencies.

Notable Insights

• The meme coin market currently boasts a market capitalization of $92.48 billion, with Dogecoin contributing $42.98 billion to that value.
• DOGE has experienced an extraordinary 90%+ surge in price this week, breaking out of a cup-and-handle pattern to reach a 3-year high.
• Growing whale accumulation and a positive market sentiment suggest ongoing bullish momentum for Dogecoin.
• With its meteoric rise, Dogecoin has secured the 6th spot among the largest cryptocurrencies. Speculations arise whether it can replicate its exponential growth of 2021, with some analysts projecting "targets of $1."