The latest price of Dogecoin at 11:00 on September 24, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of September 24, 2024, at 11:00 am, the price of Dogecoin (DOGE) stands at $0.10832620158486. Over the past 24 hours, the coin has experienced a slight decline of -0.66947868%, with a total trading volume of $623,734,356.48085.

Key Statistics

• Circulating Supply: 146,084,026,383.71
• Maximum Supply: N/A
• Total Supply: 146,084,026,383.71
• Market Capitalization: $15,824,727,690.369

Technical Indicators

• Relative Strength Index (RSI): N/A (not yet available due to insufficient historical data)
• Moving Average Convergence Divergence (MACD): N/A (not yet available due to insufficient historical data)
• Bollinger Bands: N/A (not yet available due to insufficient historical data)

Dogecoin's Recent Performance

Dogecoin has witnessed a rollercoaster ride in recent months. After experiencing a surge in popularity and price in early 2021, it faced a sharp correction in May of the same year. Since then, the coin has been consolidating, with minor fluctuations in its value.

Factors Influencing DOGE Price

Factors that can influence Dogecoin's price include:

• Market Sentiment: Positive or negative market sentiment towards cryptocurrencies in general, and Dogecoin in particular, can impact its price.
• Community Support: Dogecoin has a loyal and active community that contributes to its liquidity and interest.
• Developments on the Dogecoin Network: Upgrades or new features introduced on the Dogecoin blockchain can affect its value.
• Media and Social Media Coverage: Positive or negative media and social media attention can impact Dogecoin's popularity and price.
• Other Market Conditions: Events such as economic uncertainty or changes in the regulatory landscape can influence the broader cryptocurrency market, including Dogecoin.

Conclusion

Dogecoin remains a popular and widely recognized cryptocurrency. Its price is subject to the same factors that affect other cryptocurrencies, such as market sentiment and community support. While it has faced some challenges in recent months, its loyal following and the ongoing developments on its network suggest that Dogecoin has the potential for continued growth in the future.