(24-hour Dogecoin price trend)

Dogecoin Surges by 4.37%

As of November 20, 2024, at 09:00 AM, Dogecoin (DOGE), the popular meme-based cryptocurrency, is trading at $0.38788012626421. The 24-hour trading volume stands at an impressive $12,909,317,800.55. Over the past day, DOGE has witnessed a remarkable 4.37004379% increase in its value.

Key Metrics

• Circulating Supply: 146,862,676,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,862,676,383.71 DOGE
• Market Capitalization: $56,965,113,459.212

Market Dynamics

The surge in DOGE's price likely stems from a combination of factors. Positive news surrounding the cryptocurrency, such as upcoming partnerships or developments, can drive increased demand and lead to price appreciation. Additionally, market sentiment plays a significant role in influencing cryptocurrency prices. A bullish outlook for the overall cryptocurrency market can boost the value of DOGE and other digital assets.

Outlook

The future trajectory of Dogecoin's price is difficult to predict with certainty. However, the recent surge suggests that there is ongoing interest in the cryptocurrency. While DOGE's price is known for its volatility, ongoing developments and the growing adoption of digital assets could contribute to its long-term growth potential.