The latest price of Dogecoin at 07:00 on October 8, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Market Update: 24-Hour Price Fluctuation and Volume Analysis

As of October 8, 2024, 07:00 UTC, Dogecoin (DOGE) is trading at $0.11002166216112, representing a 24-hour price change of -1.41004496%.

Trading Volume

Over the past 24 hours, Dogecoin has recorded a substantial trading volume of $839,577,640.41126, indicating active market participation.

Market Capitalization and Supply

Dogecoin's current market capitalization stands at $16,093,226,797.055. The circulating supply is 146,273,256,383.71 DOGE, while the maximum supply is undisclosed and the total supply is 146,273,256,383.71 DOGE.

Bitcoin Comparison

Dogecoin's market performance can be compared to that of Bitcoin (BTC), the dominant cryptocurrency. As of October 8, 2024, Bitcoin's circulating supply is 146,273,256,383.71 BTC. This figure, along with other market metrics, can provide insights into the relative health and stability of the two cryptocurrencies.

Conclusion

Dogecoin has experienced a moderate decline in price over the past 24 hours, with a trading volume that suggests ongoing market activity. Its market capitalization and supply dynamics remain relevant factors to consider when assessing its long-term prospects. Monitoring Dogecoin's price fluctuations and market news is crucial for informed decision-making by investors.