The latest price of Dogecoin at 06:00 on September 2, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of September 2, 2024, 06:00 AM, Dogecoin (DOGE) was trading at $0.098130856951456, with a 24-hour trading volume of $353,734,619.00. The price of Dogecoin has experienced a 3.43% decline in the past 24 hours.

Key Metrics

• Circulating supply: 145,780,486,383.71 DOGE
• Maximum supply: N/A
• Total supply: 145,780,486,383.71 DOGE
• Market capitalization: $14,305,564,055.63

Market Performance

Since the beginning of the year, Dogecoin has lost significant value. In January 2024, DOGE was trading at over $0.15. However, a combination of factors, such as the general market downturn and negative sentiment surrounding meme coins, contributed to its current price decline.

Future Outlook

The future of Dogecoin remains uncertain. Some analysts believe that DOGE may regain its popularity and reach new highs. Others are skeptical, pointing to the lack of fundamental value and the volatile nature of the cryptocurrency market.

Conclusion

Dogecoin remains a popular and widely traded cryptocurrency. While its price has experienced volatility in recent months, its long-term prospects are still a matter of debate. Investors should exercise caution when investing in DOGE or any other cryptocurrency and conduct thorough research before making any decisions.