(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
At 10:00 AM on October 16, 2024, the latest price of Dogecoin (DOGE) stood at $0.11695098918809. Over the past 24 hours, the trading volume reached a staggering $1344587394.4935.
Market Trends
Over the last 24 hours, Dogecoin's price has experienced a slight decrease of -1.2274801%. Despite this, it remains a relatively stable asset compared to the volatility of the broader cryptocurrency market.
Key Metrics
Circulating Supply: 146384156383.71
Maximum Supply: N/A
Total Supply: 146384156383.71
Market Capitalization: $17119771890.538
Key Insights
The recent price fluctuation aligns with the broader trend in the cryptocurrency market, where a majority of assets have experienced a slight decline in value. Despite the dip, Dogecoin continues to attract a loyal and active community.
With a significant circulating supply and a vast total supply, Dogecoin's availability in the market remains plentiful. This is a potential advantage as it increases the accessibility of DOGE for buyers and sellers.
The relatively stable trading volume over the past 24 hours indicates that Dogecoin remains a popular and liquid asset in the cryptocurrency ecosystem. This liquidity allows traders to enter and exit positions with ease.