The latest price of Dogecoin at 08:00 on July 28, 2024

(24-hour Dogecoin price trend)

Dogecoin Market Update: July 28, 2024

As of 08:00 AM UTC on July 28, 2024, Dogecoin (DOGE) was trading at $0.13159676581. The 24-hour trading volume stood at $1,193,072,780.9671.

Price Fluctuation

In the past 24 hours, Dogecoin's price has experienced a downward trajectory of -2.02565414%. This decline has contributed to a decrease in the overall market capitalization, which now stands at $19,120,150,269.419.

Supply Dynamics

Dogecoin's circulating supply remains at 145,293,466,383.71. The total supply and maximum supply are both infinite. This means that Dogecoin's availability is not limited, which can have an impact on its long-term value.

Comparison to Bitcoin

Bitcoin (BTC) remains the dominant cryptocurrency in the market, with a 24-hour trading volume of $11.2 billion. Its market capitalization stands at $2.2 trillion.

Conclusion

Dogecoin's price has experienced a slight decline in recent hours. While the cryptocurrency's overall market performance has been mixed, it continues to hold a significant position in the crypto landscape.

Investors should exercise caution and conduct thorough research before making any investment decisions. Market conditions can change rapidly, and it is essential to stay informed about the latest developments.