(24-hour Dogecoin price trend)
Dogecoin Price Nosedives, Loses Value in 24-Hour Trading
As of October 25, 2024, 10:00 AM, Dogecoin (DOGE) is trading at $0.13903234802611, marking a decline of -1.16565607% in the past 24 hours. The total volume traded during this period amounts to $1265962618.708.
Key Metrics:
- Price: $0.13903234802611
- 24-Hour Trading Volume: $1265962618.708
- Price Change (24 Hours): -1.16565607%
- Circulating Supply: 146507876383.71 DOGE
- Maximum Supply: None
- Total Supply: 146507876383.71 DOGE
- Market Cap: $20369334057.945
Dogecoin, the popular meme-based cryptocurrency, has experienced a downturn in value over the past 24 hours. The decline has pushed the price below the $0.14 mark, where it had been hovering in recent days.
The reasons for the drop are not immediately clear, but market sentiment and broader economic factors may have played a role. Dogecoin has been known to exhibit high volatility, making it susceptible to rapid swings in price.
Despite the recent setback, Dogecoin remains one of the most recognizable and widely traded cryptocurrencies. Its strong community support and the recent hype around meme-based assets continue to drive interest in the coin.
However, investors should exercise caution and conduct thorough research before making any investment decisions involving Dogecoin or any other cryptocurrency. The market for digital assets can be highly speculative and subject to significant fluctuations.