The latest price of Dogecoin at 14:00 on October 2, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: October 2, 2024, 02:00 PM

As of October 2, 2024, at 02:00 PM, the price of Dogecoin (DOGE) stands at $0.10761416770714. Over the past 24 hours, the digital currency has witnessed a drop of -8.67356173%.

Trading Activity

In the last 24 hours, the trading volume for Dogecoin has reached $1303127100.5845. This indicates a substantial level of activity, demonstrating continued interest in the cryptocurrency.

Circulating and Total Supply

According to current data, the circulating supply of Dogecoin stands at 146194996383.71. The total supply, including both circulating and uncirculated coins, remains unchanged at 146194996383.71.

Market Capitalization

Based on the current price and circulating supply, the market capitalization of Dogecoin has been calculated at $15732652858.78. This signifies the total value of all DOGE coins in circulation and reflects the overall market perception of its worth.

Bitcoin Correlation

Despite the recent decline in DOGE's price, it is important to note that its price movements can be influenced by broader market trends, particularly those related to Bitcoin (BTC). Investors should monitor the price action of Bitcoin as it can potentially impact the trajectory of Dogecoin.

Conclusion

While Dogecoin has experienced a temporary setback, its long-term prospects remain uncertain. The cryptocurrency's performance will likely hinge on a combination of factors, including market sentiment, technological advancements, and the adoption of DOGE by merchants and users.