(24-hour Dogecoin price trend)

Dogecoin Surges to $0.33, Volume Soars

November 12, 2024 at 6:00 AM

Dogecoin (DOGE) has experienced significant gains in the last 24 hours, propelling its price to $0.33030774122775. This surge represents a remarkable increase of 22.41162624%.

The surge in DOGE's price has been accompanied by a surge in trading volume, which has reached $18,711,809,211.764 in the past 24 hours. This surge in volume suggests that traders are actively participating in the market, contributing to the price increase.

Key Metrics:

• Price: $0.33030774122775
• 24-Hour Trading Volume: $18,711,809,211.764
• Percentage Change in 24 Hours: 22.41162624%
• Circulating Supply: 146,751,376,383.71
• Maximum Supply: N/A
• Total Supply: 146,751,376,383.71
• Market Cap: $48,473,115,655.365

Dogecoin, often referred to as the "people's cryptocurrency," has gained popularity due to its association with Elon Musk, CEO of Tesla and SpaceX. Musk has frequently expressed his support for DOGE on social media, contributing to its growth and recognition.

The factors driving the recent surge in DOGE's price remain unclear, but it is possible that speculation, market sentiment, and technical analysis have played a role. It is important to note that cryptocurrency markets can be volatile, and investors should exercise caution before investing in any asset.