The latest price of Dogecoin at 13:00 on August 12, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Faces Further Decline, Registers 6.25% Drop

As of August 12, 2024, 1:00 PM, Dogecoin (DOGE) stood at $0.10178077325152. The cryptocurrency experienced a price decrease of 6.24982496% in the preceding 24 hours. This price action follows a recent decline in the market, with DOGE witnessing a consistent downtrend.

During the same 24-hour period, the trading volume for Dogecoin amounted to $621,357,116.18853. This elevated trading activity reflects the continued participation of traders and investors in the DOGE market.

From a supply perspective, Dogecoin's circulating supply stands at 145,498,336,383.71, representing the total amount of DOGE available for trading. The cryptocurrency has no maximum supply limit, and its total supply matches its circulating supply.

Based on the price and supply data, the current market capitalization for Dogecoin is estimated at $14,808,933,183.944. This valuation highlights the cryptocurrency's market presence and its ranking among the top digital assets.

The recent price decline for Dogecoin may be attributed to a combination of factors, including market volatility, negative news, and broader macroeconomic conditions. As the cryptocurrency market continues to evolve, traders and investors should carefully consider their investment strategies and monitor the latest developments in the DOGE ecosystem.