The latest price of Dogecoin at 06:00 on July 12, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: July 12, 2024

At 06:00 AM on July 12, 2024, the latest price of Dogecoin (DOGE) stood at $0.10672851727978. The 24-hour trading volume was recorded at $531,946,175.09596, representing a change of -0.41634289% in the price over the past 24 hours.

Key Metrics:

• Current Price: $0.10672851727978
• 24-Hour Trading Volume: $531,946,175.09596
• Price Change: -0.41634289% (24 hours)
• Circulating Supply: 145,076,456,383.71
• Maximum Supply: N/A
• Total Supply: 145,076,456,383.71
• Market Cap: $15,483,795,082.038

Analysis:

Dogecoin's price action has been relatively stable over the past 24 hours, with a slight decline of less than 0.5%. The trading volume has also remained consistent, indicating continued market interest in the cryptocurrency.

While Dogecoin has not experienced any significant price surge recently, it has maintained a steady level of activity. The lack of maximum supply for DOGE makes it an inflationary asset, which could potentially contribute to long-term price appreciation.

Given the unpredictable nature of the cryptocurrency market, investors should approach DOGE with caution and conduct thorough research before making investment decisions.