(24-hour Dogecoin price trend)

Dogecoin Price Surges: Latest Update

Dogecoin (DOGE), the popular meme cryptocurrency, has seen a significant price increase in the past 24 hours. As of November 17, 2024, 3 AM UTC, DOGE is trading at $0.37318183008605.

Market Performance

In the last 24 hours, Dogecoin's trading volume has reached $883,435,6247.6204, indicating a substantial level of market activity. The price has surged by 3.20779656% during this period, signaling a positive trend.

Circulation and Supply

Currently, there are 146,818,156,383.71 DOGE in circulation, representing the total number of coins available for trading. The maximum supply for DOGE is unlimited, while the total supply is 146,818,156,383.71.

Market Capitalization

With the current price and circulating supply, Dogecoin's market capitalization stands at $54,789,868,289.131. This figure measures the total value of all DOGE coins in the market.

Additional Key Metrics

• 24-hour highest price: $0.37970099783162
• 24-hour lowest price: $0.36863894230718
• Market dominance: Approximately 0.3%

Conclusion

Dogecoin's recent price increase is a testament to its continued popularity and strong community support. As a highly speculative asset, DOGE's price fluctuations are often driven by factors such as social media hype, major market events, and the overall cryptocurrency market sentiment. Investors should approach Dogecoin investments with caution and consider the inherent volatility of the cryptocurrency market.