The latest price of Dogecoin at 08:00 on August 8, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of August 8, 2024, at 8:00 AM GMT, the price of Dogecoin (DOGE) stands at $0.095515013398255. The cryptocurrency has experienced a 24-hour trading volume of $1000135339.1599.

Over the past 24 hours, the value of Dogecoin has fluctuated, with a slight decline of -0.88798746%.

Key Statistics:

• Circulating Supply: 145441566383.71
• Maximum Supply: Not applicable
• Total Supply: 145441566383.71
• Market Capitalization: $13891853161.803

Analysis:

The current price of Dogecoin remains within a narrow range, indicating relatively low volatility in the market. The cryptocurrency has benefited from a recent upswing in interest, driven in part by its association with prominent personalities and its use as a tipping currency on social media platforms.

However, the overall cryptocurrency market remains cautious, with concerns about regulatory uncertainty and economic factors weighing on valuations. It is uncertain whether Dogecoin will experience any significant price fluctuations in the short term.

Investors are advised to carefully consider their investment strategies and stay informed about market developments before making any decisions.