(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of November 10, 2024, 6:00 AM UTC, the price of Dogecoin (DOGE) stands at $0.2147029420591. Over the past 24 hours, DOGE has experienced a price increase of 6.60683397%, driven by a trading volume of $4,178,865,741.5038.

Key Statistics

• Circulating supply: 146,724,376,383.71
• Maximum supply: N/A
• Total supply: 146,724,376,383.71
• Market cap: $31,502,155,281.369

Market Analysis

The recent price surge in Dogecoin can be attributed to several factors. One key factor is the growing interest in cryptocurrency as an alternative investment option. Additionally, Elon Musk's ongoing support for DOGE, including his frequent tweets and memes, has helped to maintain the coin's popularity among retail investors.

While Dogecoin has demonstrated significant price volatility in the past, its long-term trend remains bullish. The coin's unique characteristics, such as its low transaction fees and unlimited supply, make it an attractive option for both mainstream and niche users.

Related Inquiries

In addition to the provided statistics, users who are interested in learning more about Dogecoin may also inquire about the following topics:

• Dogecoin's use cases
• Dogecoin's mining process
• Dogecoin's historical price performance
• Dogecoin's future outlook
• Dogecoin's competition in the cryptocurrency market