The latest price of Dogecoin at 01:00 on November 28, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: November 28, 2024

As of 01:00 UTC on November 28, 2024, the price of Dogecoin (DOGE) stands at $0.40074889989553. This represents a 3.23470733% increase in the last 24 hours.

Trading Volume and Market Cap

In the past 24 hours, the trading volume of DOGE has reached $6703107448.8925. Its market capitalization currently sits at $58897122608.506.

Circulating Supply and Maximum Supply

The current circulating supply of DOGE is 146967646383.71. However, it does not have a maximum supply limit, unlike many other cryptocurrencies.

Overall Market Outlook

The cryptocurrency market has been experiencing a positive trend in recent weeks, and DOGE has benefited from this momentum. However, it is important to note that cryptocurrency prices can fluctuate significantly, and caution is advised when investing.

Recent Developments

Notably, there have been several recent developments that may have contributed to the rise in DOGE's price:

• Increased usage and adoption of DOGE for online payments and remittances
• Growing interest in meme-based cryptocurrencies, including DOGE
• Speculation and hype surrounding the possibility of DOGE's integration into Tesla's payment system

Disclaimer

The information provided in this analysis is for educational purposes only and should not be taken as financial advice. Cryptocurrency prices can fluctuate significantly, and investors should thoroughly research and understand the risks involved before making any investment decisions.