The latest price of Dogecoin at 16:00 on August 19, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Update as of August 19, 2024

The current price of Dogecoin (DOGE) at 4:00 PM UTC on August 19, 2024, is $0.099898347362282 USD. Over the past 24 hours, Dogecoin has experienced a decline of -2.29964338% in its value.

Key Metrics

• 24-hour Trading Volume: $508,566,147.34587
• Circulating Supply: 145,595,096,383.71 DOGE
• Market Capitalization: $14,544,709,512.784 USD
• All-Time High: $0.7376 (May 8, 2021)
• All-Time Low: $0.00008692 (May 6, 2015)

Market Dynamics

Although Dogecoin has seen a slight decline in value over the past day, it remains one of the most widely traded cryptocurrencies by volume. Its strong community support and recent partnerships with major companies have contributed to its popularity.

Bitcoin Comparison

In comparison to Bitcoin, Dogecoin has a smaller market capitalization and a higher circulating supply. However, Dogecoin has gained traction as an affordable alternative to Bitcoin for everyday transactions due to its lower transaction fees.

Outlook

The future of Dogecoin remains uncertain. While it has shown resilience despite recent market volatility, its value remains subject to fluctuations driven by market forces, regulatory changes, and community sentiment.

It is essential for investors to exercise caution and conduct thorough research before making any investment decisions related to Dogecoin or any other cryptocurrency.