(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price and Market Overview
As of December 13, 2024, 3:00 PM UTC, Dogecoin (DOGE) is trading at $0.40408560077188. The cryptocurrency has witnessed a 24-hour trading volume of $4817190839.8112. Over the past 24 hours, DOGE's price has experienced a decrease of -3.32819466%.
Key Market Statistics:
- Bitcoin (BTC) Circulation: 147179606383.71
- Dogecoin Circulation: 147179606383.71 (Total Supply and Maximum Supply information unavailable)
- Total Market Cap for DOGE: $59473159666.928
Dogecoin's Historical Performance:
Dogecoin has experienced significant fluctuations in its price over time. In early 2021, it surged to an all-time high of over $0.70, driven by social media hype and celebrity endorsements. However, the value of DOGE has since corrected and is now trading at lower levels.
Factors Influencing Dogecoin's Price:
The price of Dogecoin is influenced by a range of factors, including:
- Overall market sentiment
- Supply and demand dynamics
- News and announcements
- Economic conditions
- Speculation and market sentiment
Conclusion:
Dogecoin continues to be a popular cryptocurrency, despite its recent price decline. Investors should carefully research and consider their investment strategy before committing funds to DOGE or any other digital asset.