(24-hour Dogecoin price trend)
Dogecoin (DOGE) Update: Price Movement and Key Metrics
As of October 21, 2024, 00:00 UTC, the latest price of Dogecoin (DOGE) is $0.1385565949654, with a 24-hour trading volume of $1515692311.9453. Over the past 24 hours, the price of Dogecoin has experienced a decline of -3.80740637%.
Key Metrics:
- Circulating Supply: 146,447,046,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 146,447,046,383.71 DOGE
- Market Capitalization: $20,291,204,089.667
Analysis:
The recent price movement of Dogecoin suggests a correction after a period of upward momentum. The -3.80740637% drop in the past 24 hours is a sign of profit-taking or investor caution.
However, it's important to note that Dogecoin remains a popular cryptocurrency with a strong community. Its long-term bullish outlook is supported by its association with the popular Dogecoin meme and its increasing adoption as a payment method.
Traders and investors should monitor the cryptocurrency market closely for any significant changes in sentiment or technical indicators that could impact the price of Dogecoin in the coming days and weeks.