(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update as of September 12, 2024
As of 03:00 UTC on September 12, 2024, Dogecoin (DOGE) is trading at $0.10147276370734. The 24-hour trading volume for DOGE is $531240094.64815, indicating a high level of activity in the market.
Recent Price Movement
Over the past 24 hours, DOGE has experienced a price decline of -1.15638423%. This loss in value comes after a recent surge in price, which saw DOGE rise to a high of over $0.11 in early September.
Market Statistics
The current circulating supply of DOGE is 145915656383.71, with a maximum supply of unknown and a total supply of 145915656383.71. The market capitalization of DOGE stands at $14806464921.425, making it one of the top cryptocurrencies by market value.
Technical Analysis
Technical analysis suggests that DOGE is currently facing some resistance at the $0.11 level. If the price fails to break through this resistance, DOGE could potentially experience further downward pressure. However, if DOGE manages to break above the $0.11 resistance, it could open the door for a more bullish trend.
Conclusion
Dogecoin remains a popular cryptocurrency with a large and active community. The recent price volatility is not uncommon in the cryptocurrency market, and DOGE's long-term prospects remain uncertain. It is important for investors to do their own research and understand the risks involved before making any investment decisions.