(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update as of October 23, 2024
As of 10:00 AM EDT on October 23, 2024, the latest price of Dogecoin (DOGE) is $0.13859120628801. This represents a 24-hour trading volume of $1,478,656,085.6893.
Over the past 24 hours, Dogecoin's price has experienced a downward trend, with a decline of -5.51355488%. This dip comes amidst a period of market volatility and uncertainty.
Key Cryptocurrency Metrics:
- Bitcoin (BTC) circulation supply: 146,480,446,383.71
- Dogecoin maximum supply: Unlimited
- Dogecoin total supply: 146,480,446,383.71
- Dogecoin circulating market capitalization: $20,300,901,761.924
Analysis:
Dogecoin, a decentralized peer-to-peer digital currency, has gained significant popularity since its launch in 2013. Known for its Shiba Inu mascot and approachable nature, DOGE has become a favorite among retail investors and cryptocurrency enthusiasts alike.
While DOGE's price fluctuations can be volatile, its long-term growth potential remains a subject of interest. The coin's accessibility and widespread adoption could contribute to its continued relevance in the cryptocurrency ecosystem.
It's important to note that cryptocurrency markets can be unpredictable, and the value of Dogecoin is subject to change based on a variety of factors. Investors should conduct their own due diligence and consult financial advisors before making any investment decisions.