The latest price of Dogecoin at 09:00 on October 8, 2024

(24-hour Dogecoin price trend)

Dogecoin's Rise and Fall

As of October 8, 2024, 9:00 AM UTC, the latest price of Dogecoin (DOGE) stands at $0.10927607350555. Over the past 24 hours, the trading volume for DOGE has reached $846,948,096.96624, while its value has dropped by 3.72487532%.

Supply and Market Capitalization

The total supply of DOGE is 146,274,096,383.71, with a circulating supply of 14,627,409,638,3.71. The coin's market capitalization currently sits at $1,598,425,890,8.384.

Key Considerations

• Volatility: DOGE's price has experienced fluctuations in the past, and its value can be influenced by factors such as news, market conditions, and social media sentiment.
• Scarcity: Unlike fiat currencies, DOGE has a limited supply, which means that as demand increases, its value has the potential to rise. However, this also means that DOGE's price can be more susceptible to market manipulation and speculation.
• Community: DOGE has a strong and dedicated community that actively promotes its adoption and use. This community support can provide a level of stability for the coin's value.

Outlook

The future value of DOGE is difficult to predict, as it relies on numerous factors including market trends, adoption, and regulatory changes. However, the coin's fundamentals, such as its limited supply and passionate community, suggest that it has the potential to maintain its relevance and value in the long run.