(24-hour Dogecoin price trend)
Dogecoin Prices Fluctuate, Dip Slightly in 24-Hour Interval
As of August 4, 2024, at 06:00 AM, Dogecoin (DOGE) was valued at $0.10789386200725. The cryptocurrency's 24-hour trading volume was $822,749,767.68519.
Over the past 24 hours, Dogecoin has witnessed a decline in price, dropping by 3.6255318%. This price fluctuation aligns with the broader market trend, as investors remain cautious and seek stable investments amidst volatile market conditions.
Circulating and Total Supply
Currently, there are 145,386,536,383.71 DOGE in circulation. Dogecoin has no maximum supply limit, which means additional coins can be created through mining. However, the total supply remains capped at 145,386,536,383.71 DOGE.
Market Cap and Value
With the current price and circulating supply, the market capitalization for Dogecoin stands at $15,686,314,894.296. This market cap reflects the total value of all Dogecoin in circulation.
Outlook
The cryptocurrency market is characterized by volatility, and Dogecoin is no exception. While prices may fluctuate in the short term, the long-term prospects for Dogecoin remain uncertain. As investors become increasingly risk-averse, DOGE's price could continue to face challenges alongside the broader market conditions.