The latest price of Dogecoin at 18:00 on November 26, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Whales Dumping as Price Drops Below $0.40

As of November 26th, 2024, at 18:00 EST, the live Dogecoin (DOGE) price stands at $0.39186368751298, with a 24-hour trading volume of $9,856,348,166.0321. The price of Dogecoin has witnessed a decline of -9.86549982% in the last 24 hours.

Dogecoin's Key Metrics

• Circulating Supply: 146,949,816,383.71
• Max Supply: N/A
• Total Supply: 146,949,816,383.71
• Market Cap: $57,584,296,927.47

Market Dynamics

Analysis indicates that Dogecoin (DOGE) whales have reduced their holdings between November 20th and 23rd, coinciding with the cryptocurrency reaching annual highs the same week. This decline in exposure has facilitated DOGE's price correction towards $0.30.

Price Action

Dogecoin's price trajectory is characterized by a bull run, driven by the resurgence of bullish sentiment amidst soaring Dogecoin prices. Key trends, market dynamics, and speculative interest surrounding Elon Musk's involvement have contributed to the potential for a renewed all-time high (ATH).