The latest price of Dogecoin at 18:00 on July 19, 2024

(24-hour Dogecoin price trend)

Dogecoin's Price Fluctuations and Market Statistics (July 19, 2024)

As of July 19, 2024, at 6:00 PM UTC, Dogecoin (DOGE) stood at a price of $0.11832632874329. The cryptocurrency experienced a 24-hour trading volume of $645,588,825.46444, with a notable decline in price of -2.56230375% over the past day.

Circulation and Supply:

The total circulating supply of Dogecoin stands at 145,177,766,383.71 DOGE, which indicates the number of coins currently in circulation on the market. There is no known maximum supply for Dogecoin, and the total supply also matches the circulating supply.

Market Capitalization:

The market capitalization of Dogecoin, which represents the total value of all outstanding coins, is calculated to be $17,178,352,111.336. This value is derived by multiplying the current price by the circulating supply.

Technical Analysis:

From a technical analysis perspective, Dogecoin's recent price action has indicated a bearish trend. The downtrend is supported by the decrease in both price and trading volume. Support and resistance levels can be determined by analyzing price fluctuations and historic data to identify potential areas where the price may bounce or face resistance.

Investor Sentiment:

The current market sentiment for Dogecoin is mixed. While the recent price decline has raised concerns among some investors, others remain optimistic about the cryptocurrency's long-term prospects. The cryptocurrency market as a whole has been experiencing volatility in recent months, which has impacted the performance of Dogecoin and other digital assets.

Disclaimer:

The information provided in this analysis is for informational purposes only and should not be considered financial advice. The cryptocurrency market is highly volatile, and potential investors should conduct thorough research and consult with financial professionals before making any investment decisions.