The latest price of Dogecoin at 04:00 on October 06, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of October 6, 2024, 4:00 AM, the price of Dogecoin (DOGE) stands at $0.10803337657044. The 24-hour trading volume has reached $401,915,787.92013.

Recent Price Movement

In the last 24 hours, DOGE has experienced a decline of -1.69558819%. This decrease is in contrast to the broader cryptocurrency market, which has seen moderate growth over the same period.

Key Metrics

• Circulating Supply: 146,244,246,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 146,244,246,383.71 DOGE
• Market Capitalization: $15,799,259,740.831

Market Sentiment

The recent price drop suggests that the market sentiment towards DOGE may be shifting. However, it is important to note that Dogecoin is known for its volatility, and sharp price fluctuations are not uncommon.

Future Outlook

The future prospects of DOGE remain uncertain. Some analysts believe that the coin's unique and meme-inspired nature could continue to attract a loyal following and drive its value higher. However, others caution that the unlimited supply of DOGE could limit its long-term potential as a store of value.

Investors are advised to exercise caution when considering investing in DOGE or any other cryptocurrency. It is important to conduct thorough research and understand the risks involved before making any investment decisions.