(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: August 7, 2024
As of 10:00 AM UTC on August 7, 2024, Dogecoin (DOGE) was trading at $0.098333634233445. The 24-hour trading volume stood at $1,033,236,520.311.
Price Performance
Over the past 24 hours, Dogecoin experienced a price decrease of -1.23870155%. This downturn follows a period of relative stability in DOGE's price.
Circulation and Supply
Currently, there are 145,429,136,383.71 DOGE in circulation. The total supply and maximum supply are both unknown, indicating that there may be an infinite supply of Dogecoin.
Market Capitalization
Dogecoin's market capitalization, calculated by multiplying the current price by the circulating supply, stands at $14,300,575,504.041. This places DOGE among the top 20 cryptocurrencies by market cap.
Conclusion
Dogecoin's price has seen a slight dip in the past 24 hours, despite a period of relative stability. However, DOGE's market capitalization remains significant, indicating that the cryptocurrency still holds value in the eyes of investors. It remains to be seen how Dogecoin's price will perform in the coming days and weeks.