The latest price of Dogecoin at 16:00 on July 11, 2024

(24-hour Dogecoin price trend)

Dogecoin's Performance: A Comprehensive Overview

As of July 11th, 2024, at 4 PM, Dogecoin (DOGE) is trading at $0.10892935308223. The cryptocurrency has experienced a moderate decline of 0.68458782% over the past 24 hours, and its 24-hour trading volume stands at $489,593,049.83353.

Circulation and Supply

Dogecoin's circulating supply is approximately 145,068,556,383.71 DOGE. The cryptocurrency has no maximum supply, and its total supply is equal to its circulating supply.

Market Capitalization

Based on its current price and circulating supply, Dogecoin has a market capitalization of $15,802,223,999.45. This places it among the top 20 cryptocurrencies by market cap.

Recent Price Movement

Dogecoin's price has been relatively stable over the past month. The cryptocurrency has experienced moderate fluctuations within a narrow range. However, it has recently shown signs of a slight downward trend, as evidenced by its recent decline in value.

Factors Influencing Dogecoin's Price

The price of Dogecoin, like other cryptocurrencies, is influenced by a variety of factors, including:

• Market sentiment
• News and events
• Technical analysis
• Whale activity
• Economic conditions

Investment Considerations

Investors considering Dogecoin should conduct thorough research and carefully weigh the risks and potential rewards. The cryptocurrency market is highly volatile, and past performance does not guarantee future returns. Investors should only invest what they can afford to lose.