(24-hour Dogecoin price trend)
Dogecoin's Price Trends and Market Updates
As of October 23, 2024, 12:00 PM UTC, Dogecoin (DOGE) stands at a market price of $0.13790570330045. In the past 24 hours, the cryptocurrency has witnessed a notable transaction volume of $1,445,068,102.2962.
Over the last 24 hours, the price of Dogecoin has undergone a moderate decline of 4.5614325%. This movement reflects the volatility that has been characteristic of cryptocurrency markets in recent times.
Regarding its supply status, Dogecoin has a circulating supply of 146,481,266,383.71, with a total supply of 146,481,266,383.71. The cryptocurrency does not have a predefined maximum supply, making its supply inflation a potential factor to consider for investors.
The current market capitalization of Dogecoin amounts to $20,200,602,060.985, indicating its significant presence in the cryptocurrency ecosystem. Despite recent market downturns, Dogecoin continues to maintain a sizable market value, supported by its wide acceptance and strong community backing.
The price fluctuations and market dynamics of Dogecoin, as with all cryptocurrencies, are subject to a range of factors, including investor sentiment, regulatory developments, and macroeconomic conditions. Investors and traders are advised to conduct thorough research and stay up-to-date on industry news before making investment decisions.