The latest price of Dogecoin at 11:00 on December 4, 2024

(24-hour Dogecoin price trend)

Dogecoin Price and Market Data Update

On December 4, 2024, at 11:00 UTC, the latest price of Dogecoin (DOGE) stood at $0.41432247790581. The 24-hour trading volume amounted to $10278732667.043, indicating a significant level of activity in the market.

Recent Price Movement:

Over the past 24 hours, the value of Dogecoin has fluctuated, experiencing a decline of 3.59470145%. This movement aligns with the broader trend in the cryptocurrency market, which has witnessed a recent dip in prices.

Key Metrics:

• Circulating Supply: 147043846383.71
• Maximum Supply: N/A
• Total Supply: 147043846383.71
• Market Capitalization: $60923570794.498

Outlook and Analysis:

The recent price decline in Dogecoin may be attributed to several factors, including:

• Technical indicators, such as the Relative Strength Index (RSI), suggest that the market may be in an oversold condition.
• The overall bearish sentiment in the cryptocurrency market has contributed to selling pressure across the board.
• News of a potential fork in the Dogecoin blockchain has created uncertainty among investors.

However, it is important to note that the cryptocurrency market is highly volatile, and prices can change rapidly. Market conditions can shift swiftly, so it is crucial for investors to conduct thorough research and exercise caution when making investment decisions.