(24-hour Dogecoin price trend)
Dogecoin Price Update: Downtrend Continues
As of November 3, 2024, at 10:00 AM, the latest price of Dogecoin (DOGE) is $0.1542627046224. The 24-hour trading volume stands at $1,306,248,813.8294.
Over the past 24 hours, Dogecoin's price has experienced a decline of 5.38405428%. This continues a downward trend that has persisted in recent days.
Key Metrics
- Circulating Supply: 146,631,176,383.71
- Maximum Supply: Unlimited
- Total Supply: 146,631,176,383.71
- Market Capitalization: $22,619,721,850.915
Market Performance
The price of Dogecoin has been volatile in recent months, influenced by various factors such as market sentiment, news, and regulatory developments. The coin's performance is closely tied to the broader cryptocurrency market, which has also experienced a downturn recently.
Despite the recent price decline, Dogecoin remains one of the most popular and recognizable cryptocurrencies. Its strong community support and low transaction fees continue to attract a loyal following among retail investors.
Outlook
The future price prospects of Dogecoin are uncertain. While it is difficult to predict with certainty, analysts believe that the coin's long-term value will depend on its adoption by merchants and users, as well as its integration into payment systems and other applications.
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