(24-hour Dogecoin price trend)
Dogecoin Price Updates and Market Performance
As of August 27, 2024, at 7:00 AM, Dogecoin (DOGE) was trading at $0.10566180072537. In the past 24 hours, DOGE has recorded a trading volume of $578,861,385.31487.
Over the same 24-hour period, the price of Dogecoin has experienced a decline of approximately 4.43%.
Key Metrics:
- Current Price: $0.10566180072537
- 24-Hour Trading Volume: $578,861,385.31487
- 24-Hour Price Change: -4.43017132%
- Circulating Supply: 145,699,286,383.71
- Maximum Supply: N/A
- Total Supply: 145,699,286,383.71
- Market Capitalization: $15,394,848,963.704
Current Market Conditions:
The decline in Dogecoin's price in the past 24 hours may indicate seller pressure or a lack of bullish sentiment in the market. However, it's worth noting that the cryptocurrency market can be highly volatile, and prices can fluctuate rapidly.
The current circulating supply of 145,699,286,383.71 DOGE represents the number of tokens that are in circulation and available for trading. The maximum and total supply figures are not available for Dogecoin, suggesting that there may not be a predetermined cap on the number of tokens that can be created.
The market capitalization, which is calculated by multiplying the current price by the circulating supply, reflects the total value of all DOGE tokens in the market. The decline in price has led to a corresponding decrease in market capitalization.
Overall, while Dogecoin's price has seen a downturn in the past 24 hours, it remains important to monitor market conditions and exercise caution when making investment decisions.