The latest price of Dogecoin at 09:00 on July 30, 2024

(24-hour Dogecoin price trend)

DOGE Prices Decline Amid Market Volatility

As of July 30, 2024, at 09:00 UTC, the price of Dogecoin (DOGE) stands at $0.12935098559409. The 24-hour trading volume for DOGE is $813,513,489.69. Over the past 24 hours, DOGE has experienced a dip of -1.18064224%.

Supply and Market Conditions

The current circulating supply of DOGE is 145,320,856,383.71. DOGE does not have a fixed maximum supply. The total supply of DOGE is also 145,320,856,383.71. This means that the entire supply of DOGE is currently in circulation.

The market capitalization for DOGE is $18,797,396,000.61. This places DOGE as the 14th largest cryptocurrency by market capitalization.

Market Volatility

The price of DOGE has been volatile in recent weeks, mirroring the broader cryptocurrency market. The overall market sentiment has been negative, with many cryptocurrencies experiencing price declines.

The decline in DOGE's price is likely due to a combination of factors, including the broader market conditions, profit-taking by early investors, and concerns about the lack of fundamental value for the token.

Outlook

The future price direction of DOGE is uncertain. The cryptocurrency market is highly speculative, and prices can fluctuate rapidly. However, if the overall market sentiment improves, DOGE could potentially recover its lost value. On the other hand, if the market continues to decline, DOGE could continue to lose value.