The latest price of Dogecoin at 06:00 on August 6, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

According to data from our trusted sources, as of August 6th, 2024 at 06:00 AM, the price of Dogecoin (DOGE) stood at $0.094785206703001. This represents a 24-hour trading volume of $3,173,930,505.3657.

Significant Price Changes

Over the past 24 hours, the value of Dogecoin has experienced a significant decline, with a loss of -9.35384405%. This downtrend has had a measurable impact on the token's overall performance.

Key Metrics

• Circulating Supply: 145,413,396,383.71
• Maximum Supply: N/A
• Total Supply: 145,413,396,383.71
• Circulating Market Cap: $13,783,038,833.615

Historical Context

Dogecoin, a cryptocurrency known for its association with the Shiba Inu dog meme, has exhibited a volatile price history. It has experienced both substantial gains and losses in the past, reflecting the speculative nature of the cryptocurrency market.

Market Sentiment

The recent downturn in Dogecoin's price has generated mixed reactions among market participants. Some investors view it as a buying opportunity, while others remain cautious about the token's long-term prospects.

Disclaimer:

Please note that this analysis is based on the provided data and should not be interpreted as financial advice. It is essential to conduct your own research and due diligence before making any investment decisions.