(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
As of September 23, 2024, at 5:00 PM UTC, Dogecoin (DOGE) is trading at $0.10712067036815 with a 24-hour trading volume of $607,847,531.18157.
Price Performance
Over the past 24 hours, the price of Dogecoin has experienced a modest decline of -0.37816112%, indicating slight bearish sentiment in the market.
Circulation and Supply
The currently circulating supply of Dogecoin is 146,073,756,383.71. However, the project does not have a maximum or total supply limit.
Market Capitalization
The current market capitalization of Dogecoin stands at $15,647,518,707.016, making it the 10th most valuable cryptocurrency by market cap.
Technical Analysis
Recent technical indicators suggest that Dogecoin is currently trading within a neutral range, with no clear bullish or bearish trend dominating the market. The Relative Strength Index (RSI) is hovering around 50, indicating that both buyers and sellers are evenly matched.
Conclusion
Dogecoin's price has remained relatively stable over the past few days, with moderate fluctuations indicating market indecision. The absence of significant price movements suggests that investors are still weighing the long-term potential of the project. It remains to be seen whether Dogecoin will regain its bullish momentum or experience further downward pressure in the near future.