The latest price of Dogecoin at 00:00 on September 17, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of September 17, 2024, 12:00 AM UTC, Dogecoin (DOGE) is trading at $0.099566160828043. This represents a 5.79511429% decrease in value over the past 24 hours.

Trading Volume

In the past 24 hours, DOGE's trading volume has been $566,149,192.27361. This indicates significant trading activity, suggesting that the market for DOGE remains liquid.

Supply

• Circulating Supply: 145,982,056,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 145,982,056,383.71 DOGE

The unlimited maximum supply of DOGE means that there is no limit to the number of coins that can be created. This is in contrast to Bitcoin, which has a maximum supply of 21 million coins.

Market Capitalization

The current market capitalization of DOGE is $14,534,872,903.908. This places DOGE as the 10th largest cryptocurrency by market capitalization, according to CoinMarketCap.

Price Movement

In the past month, DOGE has shown a mixed performance. The price has fluctuated between $0.06 and $0.12, with no clear trend emerging.

Factors Influencing Price

Several factors can influence the price of DOGE, including:

• Overall market sentiment
• News and developments related to DOGE
• Social media buzz
• Whale activity

Conclusion

The price of Dogecoin has been volatile in recent months, but it remains one of the most popular and well-known cryptocurrencies. Its unlimited supply, combined with its strong community support, makes it a potential investment for investors looking for high-risk, high-reward opportunities. However, it is important to proceed with caution and conduct thorough research before investing in any cryptocurrency.