(24-hour Dogecoin price trend)
Dogecoin Dips Despite Bullish Momentum
At 4:04 AM CST on November 4, 2024, Dogecoin (DOGE) stood at a price of $0.14844136080747. The token's 24-hour trading volume reached a substantial $1995720296.3275. However, the market sentiment towards DOGE remained bearish, with a price decline of -7.10892371% over the past 24 hours.
The total circulating supply of DOGE stood at 146641306383.71, while the maximum and total supply remained undetermined. The circulating market capitalization reached $21767635070.183.
Despite the recent price drop, Dogecoin has maintained a relatively strong market position. The token's unique character and loyal community continue to drive investor interest. However, the broader cryptocurrency market remains volatile, and investors should proceed with caution before making any significant DOGE trades.
Analysts attribute the current price decline to profit-taking by early adopters and concerns over the token's long-term value. DOGE has experienced significant price fluctuations in the past, and its future trajectory remains uncertain.