(24-hour Dogecoin price trend)

Dogecoin Surges, Up 0.12% in Last 24 Hours

November 18, 2024, 07:00 AM

Dogecoin (DOGE) is currently trading at $0.36290006745205, with a 24-hour trading volume of $7,737,153,499.1954. DOGE has witnessed an upswing in its price, rising by 0.12214787% in the last day.

Key Metrics

• Circulating Supply: 146,834,476,383.71 DOGE
• Maximum Supply: None
• Total Supply: 146,834,476,383.71 DOGE
• Market Cap: $53,286,241,383.933

Analysis

Dogecoin has been experiencing a period of sustained growth, fueled by positive investor sentiment and the broader market recovery. The coin's strong community support has contributed to its resilience and continues to play a significant role in its price trajectory.

The recent price surge can be attributed to several factors. First, the positive performance of the overall cryptocurrency market has created a favorable environment for altcoins like DOGE. Second, DOGE's increased utility and adoption as a payment method for various goods and services has given it a boost.

Despite the recent gains, it's important to note that the cryptocurrency market remains volatile. Investors should exercise caution and conduct thorough research before making any investment decisions.