(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update as of November 4, 2024
As of 03:00 UTC on November 4, 2024, Dogecoin (DOGE) is trading at $0.14428958490392. This represents a decrease of -8.92435283% in the past 24 hours.
Key Market Statistics:
- 24-hour trading volume: $193,959,5968.799
- Circulating supply: 146,640,466,383.71 DOGE
- Maximum supply: Unlimited
- Total supply: 146,640,466,383.71 DOGE
- Market capitalization: $21,158,692,024.622
Recent Price Movement:
Over the past 24 hours, Dogecoin has experienced a significant price decline. After reaching a peak of $0.1584 on November 3rd, the price has dropped by over 8% and has continued to trend down throughout the early hours of November 4th.
Market Sentiment:
The current market sentiment towards Dogecoin remains mixed. Some analysts believe that its recent dip could be a buying opportunity, while others remain cautious given the highly speculative nature of the cryptocurrency.
Factors Influencing Dogecoin's Price:
- The overall sentiment of the broader cryptocurrency market
- News and announcements related to Dogecoin and its underlying blockchain technology
- Elon Musk's tweets and public statements about Dogecoin
- Market demand and speculation
Disclaimer:
The information provided in this report is for informational purposes only and should not be construed as financial advice. Cryptocurrency markets are highly volatile, and investors are advised to conduct their own research and exercise caution when making investment decisions.