The latest price of Dogecoin at 12:00 on December 18, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis for December 18th, 2024 at 12:00 PM

At the time of writing, the live Dogecoin (DOGE) price stands at $0.39042524249493. Over the past 24 hours, the trading volume has reached $3767160109.5412, marking a -3.15929479% change from the previous day.

Key Metrics:

• Circulating Supply: 147,246,426,383.71
• Maximum Supply: N/A
• Total Supply: 147,246,426,383.71
• Market Capitalization: $57,488,721,727.371

Market Performance:

Over the last 24 hours, the cryptocurrency market has seen a mixed performance. While some altcoins, such as DOGE, have experienced declines, others have demonstrated resilience or even gains.

Factors Influencing DOGE's Price:

The recent price movement of DOGE can be attributed to a combination of factors, including:

• Market Sentiment and Volatility: The overall market sentiment towards cryptocurrencies can influence the price of individual tokens like DOGE. Volatility is a common characteristic of the crypto market, and sudden price fluctuations can occur.
• News and Developments: The release of significant news or announcements related to DOGE or the crypto industry can have a significant impact on its price.
• Technical Analysis: Traders often employ technical analysis patterns and indicators to predict price trends. DOGE's price movement may be influenced by support and resistance levels, moving averages, and other technical factors.

Conclusion:

The current price of Dogecoin (DOGE) has experienced a decline of -3.15929479% over the past 24 hours, reaching $0.39042524249493. The trading volume and overall market conditions have also contributed to this price movement. It's important to note that the crypto market is volatile, and prices can fluctuate rapidly. As always, investors should conduct thorough research and invest with caution.