The latest price of Dogecoin at 15:00 on October 31, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: 24-Hour Drop

As of October 31, 2024, 3:00 PM UTC, the value of Dogecoin (DOGE) stands at $0.17251714473539. Within the past 24 hours, DOGE has experienced a trading volume of $2041794897.0914.

Recent Price Fluctuation

In the last 24 hours, Dogecoin's price has undergone a downward trend, dropping by -0.50795328%. This fluctuation brings DOGE's current value slightly down from its previous levels.

Market Data

Dogecoin's circulating supply currently stands at 146592896383.71 units. The cryptocurrency does not have a predetermined maximum supply, and its total supply matches its circulating supply, meaning all the available DOGE coins are in circulation.

Market Capitalization

The total market capitalization of Dogecoin is estimated at $25289787922.608. Market capitalization is calculated by multiplying the current coin price by the total supply in circulation. DOGE's market cap indicates its size and dominance within the cryptocurrency landscape.

Conclusion

Dogecoin's recent price drop has led to a decrease in its value by over half a percentage point within the last 24 hours. Despite this fluctuation, DOGE remains a popular meme cryptocurrency with a significant market presence. Investors should closely monitor DOGE's price movements and market trends before making any investment decisions.