As of 00:00 UTC on October 10, 2024, the price of Dogecoin (DOGE) was $0.11069638531751, up 3.90497922% in the past 24 hours. In terms of trading volume, Dogecoin reached $605,096,147.50062 in the previous 24 hours. The current circulating supply is 146,296,346,383.71 DOGE, with a market value of $16,194,476,729.834. Dogecoin has no maximum supply cap, and the total supply is expected to be 146,296,346,383.71 DOGE.
In terms of market trends, Dogecoin's positive performance in the past 24 hours indicates an upward trend in the broader cryptocurrency market. Investors may show more interest in alternative coins like DOGE, which may indicate a shift in market dominance from Bitcoin.
Looking ahead, the future trajectory of Dogecoin is influenced by a variety of factors, including market sentiment, regulatory developments, and technological advances. While it is difficult to make accurate predictions, analysts believe that Dogecoin may continue to benefit from its strong community support and increased online payments. However, it is important to note that the cryptocurrency market is very volatile and investors should exercise caution when making investment decisions.
In addition, according to the analysis of the cryptocurrency market, the price of Dogecoin is expected to remain around $0.11 in the next 30 days, indicating that the price may remain stable in the short term. In the long term, from 2024 to 2034, the Dogecoin price prediction shows that it may experience a series of growth and fluctuations, with an average price of $0.14 expected in 2025, $0.34 in 2030, and $0.44 in 2034.
The price and market performance of Dogecoin are influenced by a variety of factors, including celebrity endorsements, social media sentiment, technological developments, and its growing popularity as an online payment method. Although it was originally created as a joke, Dogecoin has evolved into a cryptocurrency with real uses and strong community support.