The latest price of Dogecoin at 17:00 on August 28, 2024

(24-hour Dogecoin price trend)

Dogecoin Plummets Amidst Bearish Market

As of August 28, 2024, at 5:00 PM UTC, Dogecoin (DOGE) traded at $0.099152166689863. The 24-hour trading volume was approximately $689,343,204.7311, indicating substantial market activity.

Over the past 24 hours, Dogecoin has experienced a notable decline in price by -6.01616477%. This bearish trend aligns with the overall sentiment in the cryptocurrency market, where many assets have faced downward pressure.

Dogecoin's current circulating supply stands at 145,718,546,383.71. With no maximum supply defined, there is no upper limit to the number of DOGE that can be mined and circulated. This aspect of its monetary policy has played a role in Dogecoin's price movements in the past.

The total supply of Dogecoin remains at 145,718,546,383.71, representing all of the DOGE that has been mined and is available in the market. As a result, the流通市值流通市值 of Dogecoin is currently valued at $14,448,309,600.842.

Investors should approach Dogecoin, as well as other cryptocurrencies, with caution, especially during periods of market volatility. It is essential to conduct thorough research, understand the underlying technology and underlying factors that influence price fluctuations, and manage risk accordingly.