(24-hour Dogecoin price trend)
Dogecoin Price Update
As of November 7, 2024, at 12:00 PM, Dogecoin (DOGE) is valued at $0.1957128145815. The cryptocurrency has witnessed a 24-hour trading volume of $9,456,316,874.7198, indicating a moderate level of trading activity.
In the past 24 hours, the price of Dogecoin has fluctuated, experiencing a decline of -7.57276011%. This price movement follows a period of volatility for the cryptocurrency.
Key Metrics:
- Circulating Supply: 146,686,736,383.71
- Maximum Supply: N/A
- Total Supply: 146,686,736,383.71
- Market Capitalization: $28,708,474,039.429
Market analysts attribute the recent price dip in Dogecoin to a combination of factors, including a broader correction in the cryptocurrency market and concerns about the overall health of the broader economy.
Despite the recent setback, Dogecoin remains one of the most popular and widely-traded cryptocurrencies. Its use cases continue to expand, leading some to believe that it has the potential to regain its value and possibly surpass its previous highs.
However, investors are advised to approach any cryptocurrency investment with caution, as the market is highly volatile and subject to unpredictable price swings.
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