(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: October 10, 2024
As of 00:00 UTC on October 10, 2024, the price of Dogecoin (DOGE) stood at $0.11069638531751. This represented an increase of 3.90497922% over the previous 24 hours.
Trading Volume and Other Metrics
In the preceding 24-hour period, Dogecoin saw a trading volume of $605,096,147.50062. It has a circulating supply of 146,296,346,383.71 DOGE, with a current market cap of $16,194,476,729.834. Dogecoin's maximum supply is not specified, and it has an estimated total supply of 146,296,346,383.71 DOGE.
Overall Market Trends
Dogecoin's positive performance over the past 24 hours suggests an uptrend in the broader cryptocurrency market. Investors may be seeing increased interest in altcoins such as DOGE, potentially indicating a shift away from market dominance by Bitcoin.
Future Outlook
The future trajectory of Dogecoin is subject to a variety of factors, including market sentiment, regulatory developments, and technological advancements. While it is challenging to make accurate predictions, analysts believe that DOGE could continue to benefit from its strong community support and increasing adoption for online payments. However, it is important to note that the cryptocurrency market is highly volatile, and investors should exercise caution when making investment decisions.