(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update as of July 17, 2024 at 12:00 PM
Dogecoin (DOGE) is currently trading at $0.12561587994645, seeing a -0.42987899% price change in the last 24 hours. The 24-hour trading volume of DOGE stands at $953,522,080.39326.
Key Metrics:
- Circulating Supply: 145,147,426,383.71
- Maximum Supply: Unavailable
- Total Supply: 145,147,426,383.71
- Market Capitalization: $18,232,821,687.151
Overview:
Dogecoin is a decentralized, peer-to-peer cryptocurrency that was initially created as a joke in 2013. Despite its humble origins, DOGE has gained significant popularity in recent years, especially among retail investors. The coin's low price point and a high degree of community support have contributed to its growth.
Dogecoin's price movements have been highly volatile in the past, with significant price fluctuations often attributed to social media hype and news-driven sentiments. The recent decline in DOGE's price may be due to a combination of factors, including profit-taking and regulatory uncertainty.
Conclusion:
Dogecoin remains a popular and widely traded cryptocurrency, but investors should be aware of its potential price volatility. As with any investment, it's important to conduct thorough research and exercise caution before investing in DOGE or any other cryptocurrency.