The latest price of Dogecoin at 04:00 on October 18, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Fluctuates, Showing Mixed Market Sentiment

As of October 18, 2024, 04:00 UTC, the price of Dogecoin (DOGE) stood at $0.12628474833884. The 24-hour trading volume amounted to $1377047173.3247, indicating significant trading activity.

Over the past 24 hours, Dogecoin's price has experienced a slight drop of approximately -2.33837536%. This fluctuation suggests that the market is still uncertain about the long-term direction of the cryptocurrency.

According to the available data, Bitcoin's circulating supply is 146408216383.71, while Dogecoin's circulating supply and total supply are both 146408216383.71. This means that the majority of Dogecoin's supply is in circulation.

The market capitalization of Dogecoin, which represents the total value of all circulating Dogecoin, stands at $18489124760.754. This figure is an important metric as it provides insights into the overall health and liquidity of the Dogecoin ecosystem.

Despite the recent price fluctuations, Dogecoin remains one of the most popular and widely recognized cryptocurrencies in the world. Its strong community and unique features, such as its high transaction speed and low fees, have contributed to its ongoing appeal.

However, as with all investments, it is crucial to exercise caution when trading Dogecoin or any other cryptocurrency. Market conditions can change rapidly, and it is essential to conduct thorough research and understand the risks involved before making any investment decisions.