(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: $0.16 and Falling
As of October 31, 2024, at midnight UTC, the latest price of Dogecoin (DOGE) was $0.16577078816833. The 24-hour trading volume stood at $3110709413.4512.
Price Fluctuations
Dogecoin's price has witnessed a significant downward trend in the past 24 hours, falling by 6.78694462%. This decline follows a recent period of volatility, during which DOGE reached a high of $0.18 on October 27th.
Circulation and Supply
The current circulating supply of Dogecoin is 146,584,256,383.71. The maximum supply is not specified, while the total supply also stands at 146,584,256,383.71.
Market Valuation
As a result of the price decline, Dogecoin's market capitalization has fallen to $24,299,387,713.795. DOGE remains one of the top cryptocurrencies by market capitalization, occupying a significant position in the digital asset space.
Outlook
The immediate outlook for Dogecoin remains uncertain. The recent price decline suggests a bearish sentiment, but the long-term potential of DOGE as a digital currency and meme-based asset remains a source of speculation. Investors should conduct their own research and consult with financial advisors before making any decisions regarding DOGE investments.