(24-hour Dogecoin price trend)
Dogecoin Price Update: Fluctuation and Market Analysis
As of July 23, 2024, 12:00 pm, the price of Dogecoin (DOGE) stands at $0.13786383052579. The 24-hour trading volume for DOGE is $1,389,790,610.5343. In the last 24 hours, Dogecoin's price has experienced a decline of -2.30892238%.
Circulation and Supply
The current circulating supply of DOGE is 145,228,696,383.71. The maximum supply of DOGE is undefined, while the total supply is 145,228,696,383.71.
Market Capitalization
The market capitalization of Dogecoin, which represents the total value of all circulating DOGE, is estimated at $20,021,784,385.724.
Analysis
Dogecoin's price has been following a downward trend in recent days. The drop in price could be attributed to various factors, including the broader cryptocurrency market decline and profit-taking by investors.
However, it is important to note that Dogecoin remains popular among retail investors and its price is highly driven by sentiment. The positive news and upcoming events, such as the launch of projects on the Dogecoin blockchain, could provide support for the price of DOGE in the future.
Investors should carefully consider their own research and risk tolerance before making any investment decisions.
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