The latest price of Dogecoin at 04:00 on November 2, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis

As of November 2, 2024, 4:00 AM UTC, the price of Dogecoin (DOGE) stands at $0.16006998380666. Over the past 24 hours, the cryptocurrency has witnessed a transaction volume of $2494339007.7484, showing a marginal increase in trading activity.

Price Performance

In the past 24 hours, Dogecoin's price has experienced a slight downward trend, dropping by -0.16801144%. This represents a modest decline in value, potentially influenced by market conditions or other factors affecting the cryptocurrency space.

Supply and Circulation

The current circulating supply of Dogecoin stands at 146614006383.71 coins, while the maximum supply remains undetermined. The total supply in circulation is also 146614006383.71 coins.

Market Cap

Given the current price and circulating supply, Dogecoin's market capitalization is $23468501627.669. This places Dogecoin within the top 10 cryptocurrencies by market cap, highlighting its significance in the overall crypto ecosystem.

Conclusion

The Dogecoin market has exhibited a moderate downward movement in the past 24 hours, driven by a combination of market forces and trading activity. Despite this slight dip, Dogecoin remains a widely traded and popular cryptocurrency, with a stable circulating supply and a significant market capitalization. As the crypto market continues to evolve, it will be interesting to observe the price performance and market sentiment surrounding Dogecoin in the coming days and weeks.