The latest price of Dogecoin at 11:00 on December 07, 2024

(24-hour Dogecoin price trend)

Dogecoin Maintains Stability, Registers Slight Price Decline

As of December 7, 2024, 11:00 AM UTC, Dogecoin (DOGE) is trading at $0.43359323952191 with a 24-hour trading volume of $609,384,8494.1972. The currency's value has experienced a modest decline of 0.17713469% over the past day.

Key Supply and Circulation Metrics

• Circulating Supply: 147,095,486,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,095,486,383.71 DOGE
• Market Cap: $63,779,608,460.161

Market Cap and Trend

The total market value of Dogecoin currently stands at approximately $63.8 billion, indicating its continued position as a significant player in the cryptocurrency landscape. While the market has experienced some volatility in recent weeks, Dogecoin's price has generally remained within a relatively narrow range.

The slight price decline observed over the past 24 hours is in line with the broader market trend. Bitcoin, the leading cryptocurrency, has also experienced a slight decline in value during this period.

Outlook and Sentiments

Analysts are cautiously optimistic about Dogecoin's long-term prospects. The currency's strong community support and increasing adoption by businesses and individuals remain key factors driving its value.

However, it's important to note that the cryptocurrency market remains highly speculative, and investors should exercise caution when making decisions.