(24-hour Dogecoin price trend)
Dogecoin (DOGE): Current Price and Market Analysis
As of December 9th, 2024, 12:00 PM, Dogecoin (DOGE) is trading at $0.45184990631631 with a 24-hour trading volume of $7,971,904,573.8796. Over the past 24 hours, DOGE has experienced a price decline of 2.69838555%.
Circulating Supply and Total Maximum Supply
The circulating supply of DOGE stands at 147,122,936,383.71. However, the coin has no specified maximum supply or total supply. This is in contrast to Bitcoin (BTC), which has a limited maximum supply of 21 million.
Market Capitalization
The market capitalization of DOGE, calculated as the total circulating supply multiplied by the current price, currently sits at $66,477,485,021.958. This means that DOGE is one of the most valuable cryptocurrencies in terms of market capitalization.
Key Insights:
- Despite its price drop over the past 24 hours, DOGE remains one of the most popular and widely traded cryptocurrencies.
- Its large circulating supply and lack of specified maximum supply differentiate it from other cryptocurrencies like Bitcoin.
- The high trading volume and significant market capitalization indicate that DOGE is attracting significant interest and liquidity from investors.