(24-hour Dogecoin price trend)

Dogecoin Surges 20%, Hits $0.32 Amid Market Rally

November 12, 2024, 04:00 UTC

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, has experienced a significant surge in price over the past 24 hours. At the time of writing, its price has reached $0.32338121699633.

This represents a 20.6182725% increase from its price 24 hours earlier. The 24-hour trading volume for DOGE is an impressive $187,921,739,720.057.

Market Overview

The broader cryptocurrency market has also shown positive signs of recovery. Bitcoin (BTC), the leading cryptocurrency, has maintained a level above $24,000 for the past few days, providing support for the overall market.

Other major cryptocurrencies, such as Ethereum (ETH) and Binance Coin (BNB), have also recorded gains in the past 24 hours.

DOGE Supply and Market Cap

According to CoinMarketCap, the current circulating supply of DOGE is 146,750,606,383.71, which represents a large portion of its total supply. The maximum supply and total supply for DOGE are both listed as unknown.

The current market capitalization for DOGE is $47,456,389,687.311, making it one of the top 10 cryptocurrencies by market cap.

Related Inquiries

• Dogecoin Price Prediction 2024
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• How to Buy Dogecoin

Conclusion

Dogecoin's recent surge in price is a positive sign for the meme cryptocurrency, which has faced significant volatility in recent months. The overall market recovery, led by Bitcoin, has also contributed to its positive momentum. However, investors should exercise caution and conduct thorough research before investing in any cryptocurrency.