(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: October 3, 2024
As of 2:00 PM UTC on October 3, 2024, the price of Dogecoin (DOGE) stands at $0.1056684619253. This represents a 2.03690853% decrease in value over the last 24 hours.
Key Statistics
- Current Price: $0.1056684619253
- 24-hour Trading Volume: $877,563,032.84534
- Bitcoin Circulating Supply: 146,208,956,383.71
- Dogecoin Circulating Supply: 146,208,956,383.71
- Dogecoin Maximum Supply: N/A
- Dogecoin Total Supply: 146,208,956,383.71
- Market Cap: $15,449,675,540.769
Market Observations
Despite the recent dip in its price, Dogecoin has experienced significant growth in the past year. The cryptocurrency has been buoyed by increased adoption and awareness, as well as its association with notable figures such as Elon Musk.
The current market conditions suggest that DOGE may be facing some consolidation following a period of rapid appreciation. However, analysts remain optimistic about the long-term prospects of the cryptocurrency, citing its strong community support and potential use cases.