(24-hour Dogecoin price trend)
Dogecoin Price Analysis: Slight Gain Despite Recent Volatility
As of August 14, 2024, 06:00 AM UTC, Dogecoin (DOGE) is trading at a price of $0.10644785553423. This represents an increase of 0.38660771% over the previous 24 hours.
The past day has witnessed significant trading activity in DOGE, with a 24-hour volume reaching $603,273,985.16225. This surge in volume underscores the intense interest surrounding the cryptocurrency.
Regarding supply, Dogecoin currently has a circulating supply of 145,521,466,383.71 and a maximum supply limit (hard cap) yet to be announced. The total supply stands at 145,521,466,383.71.
Based on the circulating supply, the market capitalization of Dogecoin is estimated at $15,490,448,030.742. This valuation places DOGE among the top-ranked cryptocurrencies in terms of market capitalization.
The recent price movements and trading volume of Dogecoin suggest that the cryptocurrency market remains volatile. However, it is important to note that DOGE has a loyal community of supporters and is known for its speculative trading potential. As such, market participants should exercise caution and conduct thorough research before making any investment decisions.