(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: Dip in Value Amid Market Volatility
As of October 2, 2024, 6:00 PM PST, Dogecoin (DOGE) was trading at $0.10678598891834. The 24-hour trading volume stood at $1,339,488,521.2344.
Price Movement:
In the past 24 hours, the price of Dogecoin has experienced a significant dip of -9.52201259%. This decline comes amidst a broader market correction that has affected the cryptocurrency market as a whole.
Circulating Supply and Market Capitalization:
Dogecoin has a current circulating supply of 146,197,596,383.71. The maximum supply and total supply are both identical at 146,197,596,383.71. The current market capitalization for Dogecoin is $15,611,854,907.319.
Market Analysis:
The recent price drop for Dogecoin may be attributed to several factors, including a decline in overall market sentiment and increased regulatory scrutiny of the cryptocurrency industry. However, Dogecoin remains popular among retail investors and enthusiasts, and it is worth monitoring its performance over the coming weeks and months.