(24-hour Dogecoin price trend)
Dogecoin Hovers Near Support, Poised for Potential Upswing
As of December 2, 2024, 6:00 PM, Dogecoin (DOGE) is priced at $0.41331306572653 with a 24-hour trading volume of $11,756,408,176.983. The cryptocurrency has experienced a decline of -3.33549727% in the past 24 hours.
Key Metrics
| Metric | Value |
|---|---|
| Circulating Supply | 147,031,526,383.71 |
| Maximum Supply | N/A |
| Total Supply | 147,031,526,383.71 |
| Market Cap | $60,770,050,928.1 |
Technical Analysis
Dogecoin is currently trading below the $0.4250 support level. If the price falls below this support, it could potentially drop to $0.38-$0.40. However, if the price manages to hold above $0.4250, it could potentially rise to $0.45-$0.50.
Outlook
Dogecoin is currently in a bearish trend, but it has been showing some signs of a potential reversal. The price has been consolidating near the $0.4250 support level, and if it can break above this level, it could potentially start a new bullish trend.
Additional Information
- Dogecoin is a popular cryptocurrency that was created as a joke in 2013.
- It is based on the Dogecoin meme, which features a Shiba Inu dog.
- Dogecoin has a large and active community, and it is often used for tipping on social media platforms.
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