The latest price of Dogecoin at 18:00 on August 8, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) at $0.099944 on August 8, 2024

As of 6:00 PM UTC on August 8, 2024, Dogecoin (DOGE) traded at $0.099944294872515. The cryptocurrency had a 24-hour trading volume of $947,274,025.39232, indicating an increase in market activity.

Over the previous day, DOGE experienced a price decrease of 0.90674635%, bringing it below $0.10 for the first time in several months. Bitcoin (BTC), the leading cryptocurrency, held a significantly higher value at $145,447,076,383.71.

Dogecoin Supply and Market Capitalization

The circulating supply of DOGE currently stands at 145,447,076,383.71, with a maximum supply limit not specified. The total supply of DOGE is also 145,447,076,383.71.

Based on the current price and circulating supply, Dogecoin's market capitalization is approximately $14,536,605,490.438. This valuation places DOGE as the 10th largest cryptocurrency by market capitalization.

Conclusion

Dogecoin has been experiencing volatile price movements over the past few months, mirroring the broader cryptocurrency market trend. While the decline in price on August 8 suggests negative momentum, it remains to be seen whether the meme-inspired currency can regain lost ground in the coming days and weeks. However, investors are advised to exercise caution and conduct thorough research before investing in DOGE or any other cryptocurrency.