(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

Dogecoin (DOGE) Price Update: November 8, 2024

狗狗币 (DOGE) 价格更新：2024 年 11 月 8 日

As of 1:00 PM EST on November 8, 2024, the latest price of Dogecoin (DOGE) is $0.19733537998341, with a 24-hour trading volume of $3,683,583,386.6663. Dogecoin's price has witnessed an increase of 1.48985738% in the past 24 hours, indicating a positive trend.

截至美国东部时间2024年11月8日下午1:00，狗狗币（DOGE）最新价格为0.19733537998341美元，24小时交易量为3,683,583,386.6663美元。狗狗币的价格在过去24小时内上涨了1.48985738%，显示出积极的趋势。

Key Metrics:

关键指标：

• Circulating Supply: 146,701,266,383.71 DOGE
• Max Supply: N/A
• Total Supply: 146,701,266,383.71 DOGE
• Market Cap: $28,949,350,145.877

Market Overview:

循环供应量：146,701,266,383.71 DOGE最大供应量：N/A总供应量：146,701,266,383.71 DOGE市值：$28,949,350,145.877市场概况：

Dogecoin's positive price movement aligns with the broader cryptocurrency market, which has also experienced gains in the past 24 hours. Bitcoin (BTC), the leading cryptocurrency, has shown an appreciation of approximately 2.5%, while Ethereum (ETH) has risen by around 1.8%.

狗狗币的积极价格走势与更广泛的加密货币市场一致，该市场在过去 24 小时内也经历了上涨。领先的加密货币比特币 (BTC) 已升值约 2.5%，而以太坊 (ETH) 则上涨约 1.8%。

Factors Influencing DOGE Price:

影响DOGE价格的因素：

Several factors contribute to Dogecoin's price fluctuations:

有几个因素导致狗狗币的价格波动：

• Social Media Hype: DOGE has gained significant popularity on social media platforms like Twitter and Reddit, with influencers and celebrities endorsing the coin.
• Elon Musk's Support: Elon Musk, the CEO of Tesla and SpaceX, is an outspoken advocate for DOGE, which has driven up its demand and value.
• Limited Supply: Dogecoin's circulating supply is finite, unlike fiat currencies, which can be printed at will by central banks. This scarcity contributes to its speculative appeal.
• Market Sentiment: The overall sentiment in the cryptocurrency market, including expectations and confidence levels, can impact the price of DOGE.

Conclusion:

社交媒体炒作：DOGE 在 Twitter 和 Reddit 等社交媒体平台上获得了极大的人气，有影响力的人和名人都认可了这种代币。 埃隆·马斯克的支持：特斯拉和 SpaceX 的首席执行官埃隆·马斯克是 DOGE 的直言不讳的拥护者，DOGE 推动了 DOGE 的发展。供应有限：狗狗币的流通供应是有限的，与中央银行可以随意印制的法定货币不同。这种稀缺性增强了其投机吸引力。市场情绪：加密货币市场的整体情绪，包括预期和信心水平，可能会影响 DOGE 的价格。结论：

Dogecoin's price continues to experience volatility, influenced by a combination of social media hype, high-profile endorsements, limited supply, and market sentiment. The recent increase in price indicates a positive trend and reflects the growing popularity and speculative interest in DOGE. Investors should exercise caution and do their own research before making any trading decisions.

受社交媒体炒作、高调认可、供应有限和市场情绪等因素综合影响，狗狗币的价格持续波动。最近的价格上涨表明了积极的趋势，反映出 DOGE 越来越受欢迎和投机兴趣。投资者在做出任何交易决定之前应谨慎行事并进行自己的研究。