Price: $0.38378 -1.3793%
Market Cap: 56.34B 1.9193%
Volume (24h): 15.04B 0.4%
Dominance: 1.9193%
Price: $0.38378 -1.3793%
Market Cap: 56.34B 1.9193%
Volume (24h): 15.04B 0.4%
Dominance: 1.9193% 1.9193%
  • Price: $0.38378 -1.3793%
  • Market Cap: 56.34B 1.9193%
  • Volume (24h): 15.04B 0.4%
  • Dominance: 1.9193% 1.9193%
  • Price: $0.38378 -1.3793%
Home > Information news > The latest price of Dogecoin at 09:00 on August 12, 2024

The latest price of Dogecoin at 09:00 on August 12, 2024

Release: 2024/08/12 09:01 Reading: 227

Original author:DogeHome

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: August 12, 2024

As of August 12, 2024, 9:00 AM UTC, Dogecoin (DOGE) is trading at $0.10116469139529. The 24-hour trading volume stands at $695,282,597.04997. Dogecoin has experienced a decline of 4.73420378% in the past 24 hours.

Key Metrics:

  • Current Price: $0.10116469139529
  • 24-Hour Trading Volume: $695,282,597.04997
  • Price Change (24 Hours): -4.73420378%
  • Circulating Supply: 145,496,066,383.71 DOGE
  • Maximum Supply: N/A
  • Total Supply: 145,496,066,383.71 DOGE
  • Market Cap: $14,719,064,654.936

Market Performance:

Dogecoin's price has been on a downward trend in recent hours. The sharp decline likely stems from profit-taking behavior following a significant surge in the coin's value earlier this week.

However, despite the short-term volatility, DOGE remains well above its recent lows. Long-term holders are likely viewing the current price dip as an opportunity to accumulate more coins at a discounted price.

Technical Analysis:

From a technical perspective, the daily chart for Dogecoin shows that the coin is trading below its 200-day moving average (MA), which currently sits at $0.11. The Relative Strength Index (RSI) is hovering around 30, which indicates that DOGE is approaching oversold territory.

If the price of Dogecoin continues to fall, it may test its immediate support level at $0.096. Conversely, if buyers step in and push the price higher, DOGE could rally towards resistance levels at $0.11 and $0.12.

Overall, the market sentiment for Dogecoin remains positive in the long term. However, traders should proceed with caution during periods of high volatility.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.