Dogecoin DOGE Falls More Than 7% In 24 Hours

Dogecoin Price Analysis

Over the past 24 hours, Dogecoin (DOGE) has witnessed a decline of 7.02%, bringing its current price to $0.13. This downward trend is an extension of the past week's performance, which saw a 9.0% drop from $0.15 to the current price.

The chart below provides a comparative analysis of Dogecoin's price movement and volatility over the past 24 hours (left) and the past week (right).

Gray bands represent Bollinger Bands, which quantify volatility for both daily and weekly price movements. Wider bands and larger gray areas indicate higher volatility.

The trading volume for DOGE has decreased by 41.0% over the past week, while the circulating supply has experienced a slight reduction of 0.11%, bringing it to over 144.68 billion.

Doge Coin Price Chart | Source: Coinstats

Currently, DOGE holds the 10th position in market capitalization, with a value of $19.20 billion.

Disclaimer: This analysis is not financial advice. Bitcoinworld.co.in disclaims any responsibility for any investment decisions made based on the information provided. Independent research and consultation with a qualified professional is strongly recommended before making any investment decisions.