The latest price of Dogecoin at 00:00 on October 4, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Commentary

As of October 4, 2024, at 00:00 UTC, Dogecoin (DOGE) is valued at $0.10413427343622. Over the past 24 hours, its trading volume has reached $924,095,347.16745, representing a decrease of -1.85599789%.

Supply Statistics

Dogecoin has a circulating supply of 146,214,356,383.71, with a maximum supply of infinity and a total supply of 146,214,356,383.71. Its current market capitalization is approximately $15.23 billion.

Recent Price Performance

Over the past day, Dogecoin has experienced a slight decline in value, decreasing by -1.85599789%. This follows a period of relative stability for DOGE, which has been trading within a narrow range for the past few weeks.

Market Sentiment

The market sentiment for Dogecoin remains Mixed. Some investors remain optimistic about its long-term potential due to its strong community support and growing adoption as a payment option. However, concerns about its unlimited supply and potential for inflation continue to weigh on its value.

Future Outlook

The future price of Dogecoin remains uncertain. While some analysts believe it has the potential to reach higher prices, others caution that its unlimited supply may limit its long-term growth potential. The cryptocurrency market is notoriously volatile, and it is important for investors to conduct their own research and exercise caution before investing.