The latest price of Dogecoin at 00:00 on November 27, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Tanks by 7.94%

As of November 27, 2024, 12:00 AM UTC, the current price of Dogecoin (DOGE) stands at $0.38255871130304. The 24-hour trading volume has reached an impressive $10,360,107,677.612.

24-Hour Price Fluctuation

Dogecoin has experienced a price decline of -7.94497844% over the past 24 hours. This drop indicates a bearish trend in the market.

Circulating Supply and Supply Metrics

The circulating supply of Dogecoin is approximately 146,953,196,383.71. The maximum supply and total supply are both unavailable at this time.

Market Capitalization

The current market capitalization of Dogecoin is estimated to be $56,218,225,430.413. This represents the total value of all DOGE coins in circulation.

Factors Influencing Price

Several factors could be contributing to Dogecoin's price decline:

• Overall Market Sentiment: The cryptocurrency market as a whole has been experiencing a downturn in recent weeks, leading to price drops across various coins.
• Sell-Offs by Whales: Large investors or "whales" holding significant amounts of DOGE may have sold their positions, putting downward pressure on the price.
• Negative News or Events: Any negative news or events affecting Dogecoin's image or reputation could dampen investor confidence and lead to price declines.

Disclaimer:

The information provided in this article is for informational purposes only. It should not be construed as financial advice or a recommendation to buy or sell any cryptocurrency. The cryptocurrency market is highly volatile, and investors should conduct their own research before making any investment decisions.