(24-hour Dogecoin price trend)
Dogecoin's Latest Price Update: October 22, 2024
As of October 22, 2024, at 15:00 UTC, Dogecoin (DOGE) is valued at $0.14570841288978. Over the past 24 hours, the token has witnessed a trading volume of $1847941238.6343, indicating a significant level of trading activity.
Price Action and Market Dynamics
Since the previous day, Dogecoin's price has experienced a slight downtrend, recording a decrease of -1.28602013%. This suggests a dip in investor sentiment and a possible correction after a period of sustained price appreciation.
Circulating and Total Supply
The current circulating supply of Dogecoin is 146469256383.71, while the maximum supply remains uncapped. The total supply currently stands at 146469256383.71 units.
Market Capitalization
Dogecoin's market capitalization, which represents the total value of all circulating tokens, is currently estimated at $21341802884.816. This market capitalization places DOGE as one of the top cryptocurrencies by market value.
Conclusion
Dogecoin's price, trading volume, and market dynamics are constantly fluctuating, influenced by a range of factors including investor sentiment, news events, and market trends. While the current price suggests a modest dip, it is important to note that the cryptocurrency market is highly volatile, and future price movements can be unpredictable.