The latest price of Dogecoin at 14:00 on December 01, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of December 1, 2024, 2:00 PM UTC, Dogecoin (DOGE) is trading at $0.42731108132946. The 24-hour trading volume for DOGE is $666,348,563,985.58, indicating strong market activity.

In the past 24 hours, the price of DOGE has experienced a moderate increase of 0.32219996%. This suggests that the bulls are in control of the market and are driving the price higher.

Key Metrics:

• Circulating Supply: 147,015,606,383.71
• Maximum Supply: N/A
• Total Supply: 147,015,606,383.71
• Market Capitalization: $62,821,397,736.127

Additional Insights:

• Dogecoin's decentralized nature and strong community support continue to be key factors driving its value.
• Recent listings on major cryptocurrency exchanges have increased DOGE's accessibility and visibility, boosting demand.
• Speculation and hype surrounding major events or announcements can also impact DOGE's price.

Conclusion:

Dogecoin's price has been on an upward trajectory in the past 24 hours, indicating a positive sentiment in the market. While the price may fluctuate in the short term, the long-term outlook for DOGE remains favorable due to its strong fundamentals and growing adoption.