The latest price of Dogecoin at 08:00 on October 31, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of October 31, 2024, 8:00 AM, the latest price of Dogecoin (DOGE) is $0.1681408826683. The 24-hour trading volume stands at $2,319,205,432.7526.

Price Movement

Over the past 24 hours, Dogecoin's price has experienced a decline of -4.36890069%. This movement indicates that the value of DOGE has decreased since the previous day.

Market Cap and Supply

Dogecoin's current circulating supply is 146,588,576,383.71, accounting for its maximum supply. The total supply of DOGE also stands at 146,588,576,383.71. With this supply, Dogecoin's circulating market cap is calculated as $2,464,753,2622.246.

Comparison to Bitcoin

For context, the current circulating supply of Bitcoin (BTC) is 146,588,576,383.71, with a total supply of 146,588,576,383.71. Therefore, DOGE's market cap is significantly lower than that of BTC.

Growth Potential

The significant decline in DOGE's price within the past 24 hours may indicate limited growth potential in the short term. However, it's important to note that cryptocurrency prices are highly volatile and subject to fluctuations. As such, traders and investors should exercise caution when making investment decisions based on the latest price movements.