The latest price of Dogecoin at 07:00 on November 1, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: Slight Downturn with Trading Volume Surge

As of November 1, 2024, 7:00 AM, Dogecoin (DOGE) is trading at $0.16236234860197. In the past 24 hours, its trading volume has reached $2,211,079,808.9033, indicating a significant increase.

Over the past day, Dogecoin's price has experienced a decline of -4.10499411%. Despite this slight downturn, the market capitalization of DOGE remains substantial at $23.8 billion.

The circulating supply of Dogecoin stands at 146,602,016,383.71. As there is no maximum supply or total supply limit for DOGE, its market dynamics may differ from those of other cryptocurrencies with controlled issuance mechanisms.

Overall, while Dogecoin has faced some price volatility, its trading volume suggests ongoing interest in the asset. Investors should exercise caution and monitor market trends before making any investment decisions.