(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price and Market Analysis
As of October 22, 2024, 1:00 PM UTC, Dogecoin (DOGE) is trading at $0.14563442808881. The 24-hour trading volume stands at $1979129656.4285, indicating a significant level of market activity.
In the past 24 hours, the price of DOGE has experienced a slight decline of approximately -1.402081%. This price movement follows a broader market trend that has seen a general dip in the prices of several major cryptocurrencies.
Supply and Market Capitalization
- Circulating Supply: 146468446383.71
- Maximum Supply: N/A
- Total Supply: 146468446383.71
- Market Capitalization: $21330848422.147
The circulating supply of DOGE represents the amount of tokens that are currently in circulation and available for trading. Since there is no maximum supply, the total supply and circulating supply are identical.
The market capitalization of DOGE is calculated by multiplying the circulating supply by the current price. It represents the total value of all DOGE tokens in circulation.
Conclusion
Despite the recent price decline, Dogecoin remains among the most popular and widely recognized cryptocurrencies. Its strong community support and unique meme-inspired appeal continue to attract a significant number of users and investors. The ongoing market volatility highlights the importance of conducting thorough research and risk management before investing in cryptocurrencies.