(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

Dogecoin (DOGE) Price Surge: An Analysis

狗狗币（DOGE）价格飙升：分析

As of October 30, 2024, 05:00 AM, Dogecoin (DOGE) stands at $0.1718281191273, with a 24-hour trading volume of $3916343335.1283. Over the past 24 hours, DOGE has witnessed a significant price increase of 9.48868585%.

截至2024年10月30日凌晨05:00，狗狗币（DOGE）价格为0.1718281191273美元，24小时交易量为3916343335.1283美元。过去24小时，DOGE价格大幅上涨9.48868585%。

Key Metrics

关键指标

• Current Price: $0.1718281191273
• Trading Volume (24 hour): $3916343335.1283
• Price Change (24 hour): +9.48868585%
• Circulating Supply: 146573046383.71
• Maximum Supply: None
• Total Supply: 146573046383.71
• Market Capitalization: $25185370874.87

Factors Driving the Price Surge

当前价格：$0.1718281191273交易量（24小时）：$3916343335.1283价格变化（24小时）：+9.48868585%流通供应量：146573046383.71最大供应量：无总供应量：146573046383.71市值：$251853 70874.87推动价格飙升的因素

The recent surge in DOGE's price can be attributed to several factors, including:

最近 DOGE 价格的飙升可归因于几个因素，包括：

• Increased Institutional Adoption: Institutional investors have been gradually embracing DOGE, contributing to its market legitimacy and broader acceptance.
• Elon Musk's Influence: Tesla CEO Elon Musk remains a vocal supporter of DOGE, frequently tweeting about it and even integrating it into some of Tesla's services.
• Positive Market Sentiment: The overall cryptocurrency market has experienced a bullish trend in recent weeks, providing a positive backdrop for DOGE's price growth.
• Speculation and FOMO: As the price of DOGE rises, it tends to attract speculators who anticipate further gains, leading to a cycle of buying and driving the price higher.

Outlook for DOGE

机构采用率增加：机构投资者逐渐接受 DOGE，为其市场合法性和更广泛的接受度做出了贡献。 埃隆·马斯克的影响力：特斯拉首席执行官埃隆·马斯克仍然是 DOGE 的直言不讳的支持者，经常发布有关它的推文，甚至将其整合到特斯拉的一些服务中。积极的市场情绪：近几周整体加密货币市场呈现看涨趋势，为 DOGE 的价格上涨提供了积极的背景。 投机和 FOMO：随着 DOGE 价格的上涨，往往会吸引预期进一步上涨的投机者，从而导致购买并推高价格的循环。DOGE 的展望

The future price trajectory of DOGE remains uncertain and subject to market fluctuations. However, the recent surge suggests that the coin has gained some mainstream recognition and has the potential for continued growth. Factors such as institutional adoption and the support of influential figures like Elon Musk could continue to positively impact its value.

DOGE 的未来价格轨迹仍然不确定，并受到市场波动的影响。然而，最近的飙升表明该代币已获得一些主流认可，并具有持续增长的潜力。机构采用和埃隆·马斯克等有影响力人物的支持等因素可能会继续对其价值产生积极影响。

It is important to note that cryptocurrency investments carry inherent risks, and it is crucial to conduct thorough research and invest only what you can afford to lose.

值得注意的是，加密货币投资具有固有的风险，因此进行彻底的研究并仅投资您可以承受损失的部分至关重要。