The latest price of Dogecoin at 16:00 on November 1, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Updates: A Slight Dip Amidst Overall Growth

As of November 1, 2024, 4:00 PM, Dogecoin (DOGE) is trading at $0.15778942784544. Over the past 24 hours, its trading volume has reached $2393451853.4944.

Recent Price Fluctuations

Despite a significant rally in recent months, DOGE has experienced a slight dip in the past 24 hours. The asset's value has decreased by -7.57090236% since yesterday.

Market Cap and Supply

Dogecoin's circulating supply currently stands at 146607096383.71, while its maximum supply remains uncapped. The token's total supply also amounts to 146607096383.71.

Based on its current price and circulating supply, DOGE's market capitalization is estimated at $23133049856.466.

Future Prospects

Despite the recent price setback, analysts remain cautiously optimistic about DOGE's long-term prospects. The asset's unique characteristics, such as its large and active community, low transaction fees, and association with prominent individuals, suggest that it has the potential to rebound and continue its upward trend in the months and years to come.

Investors should note that the cryptocurrency market is volatile and subject to sudden price fluctuations. It is crucial to conduct thorough research and invest only what you can afford to lose.