The latest price of Dogecoin at 06:00 on July 23, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: Retreats Slightly from Recent Surge

As of July 23, 2024, 06:00 AM UTC, Dogecoin (DOGE) was trading at $0.13879873408003, marking a decline of -0.88430765% over the past 24 hours.

Market Dynamics

Over the past 24 hours, Dogecoin's trading volume reached a substantial $1509686508.9672, indicating significant trading activity.

Supply Metrics

Dogecoin's current circulating supply stands at 145225286383.71 DOGE, while its total supply remains undefined. The maximum supply limit for DOGE is also not specified.

Market Capitalization

Despite the recent dip in price, Dogecoin's market capitalization remains robust at $20157085906.468.

Overall Outlook

While Dogecoin has experienced a slight correction in the past day, its overall price trend remains relatively stable. The token has been consolidating within a narrow range in recent weeks, suggesting a potential period of accumulation.

Investors should note that cryptocurrency markets are highly volatile and can change rapidly. Before investing in any digital asset, it's crucial to conduct thorough research, understand the risks involved, and proceed with caution.