(24-hour Dogecoin price trend)
Dogecoin (DOGE) Market Update: August 1, 2024, 6:00 PM
At the time of writing, the live price of Dogecoin (DOGE) stands at $0.12073768925773. Within the past 24 hours, the token has witnessed a trading volume of $676,712,412.56511, indicating a healthy level of liquidity in the market.
Over the last 24-hour period, Dogecoin's price has faced a decline of -4.21640717%, bringing its current market capitalization to $17,549,565,592.025.
As of today, the circulating supply of Dogecoin stands at 145,352,836,383.71, while its total supply remains unknown. This suggests that the coin has a limited issuance, which could potentially contribute to its price stability in the long run.
As with all cryptocurrencies, Dogecoin's price is subject to market fluctuations and is influenced by various factors, such as supply and demand dynamics, market sentiment, and regulatory developments. Traders and investors are advised to conduct thorough research, understand the inherent risks involved, and make informed decisions before engaging in any cryptocurrency trading activities.