(24-hour Dogecoin price trend)
Dogecoin Market Analysis: December 4, 2024
As of December 4, 2024, 00:00 UTC, Dogecoin (DOGE) is trading at $0.41432247790581. The 24-hour trading volume is $10278732667.043.
Price Performance
Over the past 24 hours, DOGE has experienced a decline in value, with a decrease of -3.59470145%. This price drop follows a period of relative stability for the cryptocurrency.
Supply
The circulating supply of DOGE is approximately 147,043,846,383.71 units. There is no maximum supply or total supply defined for DOGE.
Market Capitalization
The market capitalization of DOGE stands at $60,923,570,794.498, making it the 12th largest cryptocurrency by market cap.
Notable Insights
- Volatility: DOGE has historically exhibited significant volatility, and this trend is likely to continue. Investors should be aware of potential price swings and exercise caution when trading.
- Adoption: DOGE has gained significant adoption as a medium of exchange and for online payments. This adoption could continue to drive its value in the future.
- Speculation: DOGE has become a popular target for speculation, which can contribute to its price fluctuations. Investors should be mindful of potential market manipulation and trading with caution.