The latest price of Dogecoin at 00:00 on October 3, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: 0.1073 USD, Trading Volume Up

As of October 3, 2024, 00:00 UTC, Dogecoin (DOGE) was trading at $0.10733824244623. The 24-hour trading volume reached an impressive $1201486403.7307.

Price Movement:

Over the past 24 hours, DOGE experienced a moderate decline of approximately -3.13963454%. This fluctuation follows a recent trend of price consolidation within a relatively narrow range.

Market Capitalization and Supply:

Dogecoin holds a respectable circulating supply of 146200996383.71 tokens. The maximum and total supply remain unspecified. With a circulating market capitalization of $15692957995.714, DOGE maintains a notable presence in the cryptocurrency market.

Analyst Insights:

Market analysts attribute the recent price drop to a combination of profit-taking from short-term traders and a cooling off period following a substantial price surge earlier this month. Nonetheless, DOGE's strong fundamentals and loyal community continue to provide support for its long-term prospects.

Outlook:

While the immediate price action remains uncertain, DOGE has consistently demonstrated its resilience and ability to bounce back from downturns. As the broader cryptocurrency market stabilizes, DOGE is expected to regain its momentum and attract further investor interest.

Disclaimer:

The information provided in this article does not constitute financial advice and should not be relied upon as such. Cryptocurrency prices are highly volatile and can experience significant fluctuations. Always conduct your own research and consult with qualified professionals before making any investment decisions.