As of today, Dogecoin (DOGE) is trading at approximately $0.14, showing an 8.52% increase over the past 24 hours. The 24-hour trading volume is significant, reaching around $2.41 billion, indicating strong activity and interest in the cryptocurrency. DOGE continues to maintain its place as one of the top cryptocurrencies, currently ranked 9th by market capitalization, which stands at roughly $20.96 billion.
Over the past day, Dogecoinâs price has ranged between $0.13 and $0.15, reflecting volatility that has been typical of the memecoin. Despite its roots as a playful crypto, it has grown to become a major player in the altcoin space, with a circulating supply of 146.4 billion DOGE. The coinâs popularity is largely driven by its community and regular mentions by influential figures like Elon Musk.
The trading momentum behind Dogecoin has been fueled by market optimism, with daily turnover reaching 16.86 billion DOGE coins in the past 24 hours. Investors are keeping a close watch on DOGEâs next movements, especially in light of the cryptocurrencyâs inflationary nature, with 10,000 new coins added every minute, which makes price fluctuations common.
