The latest price of Dogecoin at 15:00 on October 10, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: October 10, 2024

At 3:00 PM UTC on October 10, 2024, Dogecoin (DOGE) traded at $0.10758402340104, with a 24-hour trading volume of $640038021.11814. Over the previous 24 hours, DOGE's value has seen a decline of -0.94839957%.

Key Metrics:

• Bitcoin's circulating supply: 146305216383.71
• Dogecoin's maximum supply: None
• Dogecoin's total supply: 146305216383.71
• Dogecoin's circulating market capitalization: $15740103823.119

Past Performance:

In the past 24 hours, DOGE has faced a downward trend. The cryptocurrency traded at a high of $0.109039 and a low of $0.105988. This indicates a volatile trading session for DOGE, with significant price fluctuations.

Market Sentiment:

The crypto market has been under pressure recently, with many altcoins, including DOGE, experiencing price declines. This could be attributed to factors such as economic uncertainty, regulatory scrutiny, and general market sentiment.

Overall Outlook:

Short-term traders may be cautious at the moment due to the downward trend in DOGE's price. However, long-term investors may view this dip as an opportunity to accumulate DOGE at a lower price. The cryptocurrency's fundamentals remain strong, with a loyal community and a growing number of use cases.

Note:

The cryptocurrency market is highly volatile and can change rapidly. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.