The latest price of Dogecoin at 17:00 on October 31, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Update: Downturn in Value

As of October 31, 2024, at 5 PM, the latest price of Dogecoin (DOGE) stood at $0.16966049470662. Over the past 24 hours, the trading volume reached $1,996,079,069.6694. However, Dogecoin's value has experienced a decline of -0.74921661% during this period.

Key Statistics

• Current Price: $0.16966049470662
• 24-Hour Trading Volume: $1,996,079,069.6694
• Change: -0.74921661%

Market Supply

• Circulating Supply: 146,593,746,383.71
• Maximum Supply: None
• Total Supply: 146,593,746,383.71
• Circulating Market Cap: $24,871,167,532.356

Observations

The decline in Dogecoin's price is a notable shift from its recent upward trend. Investors should carefully monitor market conditions to assess the potential impact of this change. Despite the current downturn, Dogecoin remains one of the most popular and traded cryptocurrencies, with a sizable market capitalization. Its long-term trajectory is still uncertain, and it is essential to consider the risks and potential rewards involved before making any investment decisions.