(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
As of October 21, 2024, at 06:00 UTC, Dogecoin (DOGE) is trading at $0.14035854364563. The 24-hour trading volume is $146,442,0593.0736, representing a -1.02544313% change from yesterday.
Key Statistics
- Circulating supply: 146,450,516,383.71 DOGE
- Maximum supply: Unlimited
- Total supply: 146,450,516,383.71 DOGE
- Market capitalization: $20,555,581,195.767
Market Analysis
Dogecoin's price has been on a downward trend in the past 24 hours, likely reflecting the broader market sentiment. However, it is important to note that DOGE remains relatively stable compared to other altcoins.
The circulating supply of DOGE has remained virtually unchanged, with no significant changes in either issuance or buy-back activity. This stability is expected to continue as the Dogecoin Foundation maintains a gradual and controlled distribution plan.
Conclusion
Dogecoin's price fluctuation remains within its established range, indicating a relatively calm market for the asset. While the overall trend is slightly negative, DOGE maintains its position as one of the top altcoins by market capitalization. Traders should monitor market developments closely and consider their risk appetite before making any investment decisions.
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