(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: December 2, 2024, 11:00 AM
As of December 2, 2024, 11:00 AM, the latest price of Dogecoin (DOGE) is $0.4545668610244, with a 24-hour trading volume of $9137274758.5512. The price of Dogecoin has appreciated by 7.92412883% over the past 24 hours.
Key Metrics:
- Circulating Supply: 147027766383.71
- Maximum Supply: N/A
- Total Supply: 147027766383.71
- Market Cap: $66833950248.469
Observations:
- Dogecoin has experienced upward momentum in the past 24 hours.
- The strong gain suggests increased demand and positive sentiment in the market.
- The trading volume is substantial, indicating significant interest in the cryptocurrency.
Potential Implications:
- If the positive trend continues, DOGE could potentially test higher resistance levels.
- Given the volatility of the cryptocurrency market, investors should exercise caution and conduct thorough research before making investment decisions.
- Long-term trends and fundamental developments surrounding Dogecoin should be taken into consideration for comprehensive analysis.
Please note that this analysis is based on the latest available data and should not be construed as financial advice. It is essential to conduct your own research and consult with a qualified financial advisor before making any investment decisions.