The latest price of Dogecoin at 16:00 on August 21, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Updates: Price Analysis and Market Performance

As of August 21, 2024, 4:00 PM UTC, the current price of Dogecoin (DOGE) stands at $0.10459385840853. Over the past 24 hours, DOGE has experienced a decline of -0.96326362% in its value.

Trading Volume and Market Dynamics

In the last 24 hours, DOGE has recorded a trading volume of $509,808,720.72482, indicating active trading activities within this timeframe.

Circulating Supply and Total Issuance

The current circulating supply of Dogecoin is 145,622,096,383.71 DOGE. As a cryptocurrency with no fixed maximum supply, DOGE has a total supply that is also set at 145,622,096,383.71 DOGE.

Market Capitalization

The market capitalization of Dogecoin is approximately $15,231,176,930.31. Market capitalization represents the total value of all DOGE coins currently in circulation and provides insight into the coin's overall market valuation.

Summary

While Dogecoin's price has faced a slight decline in the past 24 hours, the cryptocurrency continues to show significant trading activity and liquidity in the market. The absence of a maximum supply could potentially impact the future price movement and inflation dynamics of DOGE.