Dogecoin (DOGE) Price Decreases More Than 8% Within 24 Hours

Dogecoin (DOGE) Price Analysis

Over the past 24 hours, Dogecoin (DOGE) has experienced a significant price decline of 8.83%, bringing its current value down to $0.15. This drop continues a negative trend observed over the past week, during which DOGE lost 1.0%, falling from $0.16 to its present price.

The price movements and volatility of DOGE over the past 24 hours (left) and the past week (right) are compared in the chart below.

DOGE Price and Volatility Chart

The gray bands represent Bollinger Bands, which measure volatility for both daily and weekly price movements. The wider the bands (or the larger the gray area) at any given time, the higher the volatility.

In the past week, DOGE's trading volume has decreased by 10.0%, while its circulating supply has increased by 1.11%. Currently, the circulating supply stands at 144.60 billion tokens.

Based on available data, DOGE holds the #9 position in terms of market capitalization, with a total value of $21.30 billion.

Disclaimer: This analysis is provided for informational purposes only and should not be construed as investment advice. Bitcoinworld.co.in assumes no responsibility for any investment decisions made based on the information presented on this page. It is strongly recommended to conduct thorough research and consult with a qualified professional before making any investment decisions.