(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
As of September 4, 2024, 06:00 UTC, the current price of Dogecoin (DOGE) stands at $0.097960073769808. Over the past 24 hours, the trading volume of DOGE has reached $395942030.47754, representing a significant amount of activity in the cryptocurrency market.
Recent Price Fluctuations
Over the past 24 hours, the price of Dogecoin has experienced a slight decrease of -0.95528194%. This movement indicates a period of market correction or profit-taking after a recent surge in price. It is worth noting that cryptocurrency prices are known for their volatility, and such short-term fluctuations are common.
Circulating and Total Supply
The circulating supply of Dogecoin is currently at 145807936383.71 DOGE, while the maximum supply and the total supply are both unrestrained. This means that the number of DOGE in circulation can increase in the future, depending on the decisions of the Dogecoin development team.
Market Capitalization
The current market capitalization of Dogecoin is $14283356204.371, indicating the total value of all DOGE in circulation. This places Dogecoin among the top 20 cryptocurrencies by market capitalization, making it a significant player in the crypto space.
Longer-Term Trends
It is important to view the current price fluctuations of Dogecoin within a wider context. Over the past year, DOGE has experienced significant price swings, with highs and lows driven by market sentiment, news events, and community support.
Overall, Dogecoin remains a popular and actively traded cryptocurrency, with a dedicated community and potential for future growth. However, investors should exercise caution and conduct thorough research before making any investment decisions.