The latest price of Dogecoin at 10:00 on August 1, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: Dogecoin Drops by 2.79% within 24 Hours

As of August 1, 2024, at 10:00 AM, Dogecoin (DOGE) was trading at $0.12232972613715. Within a 24-hour period, approximately $611,424,743.85767 worth of Dogecoin was traded.

Recent Dogecoin Price Movements

In the last 24 hours, the price of Dogecoin has experienced a decline of 2.79704559%. This drop brings the current price down from its previous value.

Key Supply and Demand Metrics

• Total Circulating Supply: 145,348,276,383.71
• Maximum Supply: Not Available
• Total Supply: 145,348,276,383.71

Market Value

At the current price, the total market capitalization of Dogecoin is estimated to be $17,780,414,844.525, making it a prominent cryptocurrency in the digital asset landscape.

Conclusion

The recent price drop in Dogecoin highlights the dynamic nature of the cryptocurrency market, where prices can fluctuate significantly within short periods. While it remains unclear what factors contributed to this recent decline in price, it is important to note that Dogecoin's value has been subject to volatility in the past. Investors should always exercise caution when making cryptocurrency investments and conduct thorough research before making any decisions.