The latest price of Dogecoin at 00:00 on December 14, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update as of December 14, 2024

As of 00:00 UTC on December 14, 2024, the latest price of Dogecoin (DOGE) stands at $0.40318733604987. Over the past 24 hours, DOGE has experienced a 2.80506475% decline in its value, resulting in a trading volume of $4056719712.2634 during that period.

Key Statistics:

• Circulating Supply: 147184796383.71
• Maximum Supply: N/A
• Total Supply: 147184796383.71
• Market Capitalization: $59343045960.989

Analysis:

Despite a recent surge in popularity and adoption, Dogecoin's price has been subject to considerable volatility in the past. Factors such as speculative trading, market sentiment, and overall cryptocurrency market trends have played a significant role in its price fluctuations.

Outlook:

The long-term outlook for Dogecoin remains uncertain, with its value potentially influenced by various factors, including:

• The overall adoption and use cases of the DOGE token
• The development and implementation of new technologies and platforms related to DOGE
• Regulatory developments and government policies regarding cryptocurrencies

Disclaimer:

It's essential to note that the cryptocurrency market is subject to substantial fluctuations, and any investment decisions should be made with caution after thorough research and due diligence. The information provided here should not be construed as financial advice, nor should it be relied upon as the sole basis for making an investment decision.