(24-hour Dogecoin price trend)
Dogecoin (DOGE) Market Update
As of August 1, 2024, at 2:00 PM, the latest price of Dogecoin (DOGE) is $0.12079797239866. The 24-hour trading volume stands at $681,240,752.0684.
Market Performance
Over the past 24 hours, Dogecoin's price has experienced a decrease of -3.63132982%. This decline follows a recent surge in DOGE's value, which saw it reach a high of $0.125 earlier this week.
Circulating Supply
The current circulating supply of Bitcoin is approximately 145,350,546,383.71, with no maximum supply and a total supply equal to its circulating supply. Dogecoin's circulating supply is also 145,350,546,383.71.
Market Capitalization
The market cap of Dogecoin, calculated by multiplying its circulating supply by its current price, stands at $17,558,051,290.19. This market cap places DOGE as the eighth-largest cryptocurrency by market capitalization.
Trading Activity
DOGE/USD trading volume has been substantial over the past 24 hours, suggesting ongoing market interest in the cryptocurrency. The most popular trading pairs for Dogecoin include USDT, BTC, and BUSD.
Outlook
The short-term price movement of Dogecoin remains highly volatile. However, the cryptocurrency has shown resilience and has enjoyed a strong community following. Analysts believe that DOGE may continue to experience price fluctuations but is poised for potential growth in the future.