(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: November 23, 2024

As of 08:00 AM UTC on November 23, 2024, Dogecoin (DOGE) is trading at $0.41292364372333 with a 24-hour trading volume of $13,591,947,494.761. DOGE has experienced a 6.52773082% increase in price over the past 24 hours.

Key Statistics:

• Circulating Supply: 146,902,896,383.71 DOGE
• Max Supply: N/A
• Total Supply: 146,902,896,383.71 DOGE
• Market Cap: $60,659,679,248.27

Relevant Information:

Dogecoin is a decentralized, peer-to-peer digital currency inspired by the popular Internet meme, "Doge." It was created by Billy Markus and Jackson Palmer in 2013 as a joke, but has since gained significant popularity and value.

DOGE is often considered a "fun" and community-driven cryptocurrency, with a strong online presence and a loyal following. Its low transaction fees and fast processing times have also made it attractive for small payments and tipping.

The recent price increase of DOGE may be attributed to a combination of factors, including:

• Positive sentiment in the broader cryptocurrency market
• Renewed interest in meme coins
• Speculation and hype surrounding the upcoming "Doge Day" on December 22, 2024

However, it is important to note that the cryptocurrency market is volatile and subject to significant fluctuations. Investors should exercise caution and conduct thorough research before making any investment decisions.