The latest price of Dogecoin at 08:00 on October 11, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Fluctuates with Uptick in Trading Volume

As of October 11, 2024, at 08:00 UTC, the latest Dogecoin (DOGE) price stood at $0.10594725938374. Over the past 24 hours, the cryptocurrency recorded a notable trading volume of $749,703,675.86818.

Despite the recent volatility in the crypto market, Dogecoin experienced a slight downturn in value, with a 1.91424224% price decrease over the previous day. This fluctuation follows a pattern of ups and downs for the meme-inspired asset.

Supply Statistics and Market Value

The current circulating supply of Dogecoin is estimated at 146,314,236,383.71, representing a significant portion of the total supply. The maximum supply for DOGE remains undefined, while the total supply stands at 146,314,236,383.71.

At the time of this report, the circulating market capitalization for Dogecoin reached $15,501,592,353.678, reflecting the value of the coins in circulation. This figure represents a change from previous days, indicating the dynamic nature of the cryptocurrency market.

Market Outlook and Analysis

The Dogecoin price has witnessed fluctuations in recent times, influenced by various factors such as market sentiment, adoption rates, and regulatory decisions. Analysts continue to observe the cryptocurrency's performance, evaluating its potential for growth and adoption in the ever-evolving digital asset landscape.