The latest price of Dogecoin at 07:00 on October 3, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Update

As of October 3, 2024, 7:00 AM UTC, the price of Dogecoin (DOGE) stands at $0.10540479125158. The 24-hour trading volume is $921,849,008.01164, reflecting a decrease of -1.15244133% over the past day.

Key Statistics

• Circulating Supply: 146,204,656,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 146,204,656,383.71 DOGE
• Market Capitalization: $15,410,671,286.133 USD

Outlook

Dogecoin has been experiencing a bearish trend in the past 24 hours. The price has declined slightly, and the trading volume has also decreased. This indicates that sellers are currently in control of the market. However, it is important to note that the cryptocurrency market is highly volatile and can change rapidly.

About Dogecoin

Dogecoin is a decentralized, peer-to-peer digital currency that was created as a joke in 2013. The coin features the Shiba Inu dog as its mascot and has gained a loyal following due to its community and use cases for tipping and micro-transactions.

Dogecoin is not backed by any physical assets and its value is primarily driven by market speculation and demand. The maximum supply of Dogecoin is unlimited, meaning that there is no limit to the number of coins that can be created. This differs from other cryptocurrencies like Bitcoin, which has a capped supply.

Disclaimer

The information provided in this article is for informational purposes only and should not be construed as financial advice. Investing in cryptocurrencies involves risk, and it is important to conduct your own research before making any investment decisions.