(24-hour Dogecoin price trend)
Dogecoin Price and Market Activity (October 20, 2024)
As of 06:00 AM UTC on October 20, 2024, the price of Dogecoin (DOGE) stands at $0.14178510413276. This represents an increase of 2.85036185% over the past 24 hours.
Trading Volume and Bitcoin Comparison
The 24-hour trading volume for Dogecoin is $1822750989.9964, indicating significant activity in the market.
For comparison, Bitcoin's (BTC)流通市值为$20762553588.429, and its circulating supply stands at 146436776383.71 BTC.
Supply and Distribution
Dogecoin has a maximum supply of unlimited, with a total supply and circulating supply of 146436776383.71 DOGE. This means that new tokens can be created and added to the supply, making it an inflationary cryptocurrency.
Key Points
- Dogecoin's price has experienced a 2.85036185% increase in the past 24 hours.
- The currency has a substantial 24-hour trading volume, indicating high market liquidity.
- Dogecoin's circulating supply matches its total supply due to its unlimited issuance policy.
- The cryptocurrency is more inflationary than deflationary, as new tokens can be generated.