The latest price of Dogecoin at 18:00 on October 24, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: October 24, 2024

As of October 24, 2024, at 18:00 UTC, the price of Dogecoin (DOGE) stands at $0.13729293455986. This represents an increase of 0.05011323% in the past 24 hours.

The 24-hour trading volume for DOGE is currently $1471256676.4861. This volume has remained relatively stable over the past 24 hours, indicating steady demand for the cryptocurrency.

Supply and Market Cap

The circulating supply of DOGE is approximately 146,498,446,383.71, while the total supply remains unknown. The market capitalization of DOGE is currently estimated at $20,113,201,612.479, making it one of the largest cryptocurrencies by market value.

Recent Market Trends

DOGE has experienced a modest uptrend over the past few weeks, driven by renewed interest from retail investors. The cryptocurrency has also benefited from the broader positive sentiment in the cryptocurrency market as major coins like Bitcoin (BTC) and Ethereum (ETH) have regained some of their lost ground.

However, it is important to note that DOGE remains a highly volatile asset, and its value can fluctuate rapidly. Investors should exercise caution when trading or holding the cryptocurrency.

Future Outlook

The future outlook for DOGE is uncertain. While the cryptocurrency has gained popularity and increased in value over the past year, it faces several challenges, including a lack of fundamental use cases and competition from other popular cryptocurrencies.

Nevertheless, DOGE continues to have a loyal following among retail investors, and the cryptocurrency may experience further price appreciation in the future if market conditions are favorable. It is important for investors to conduct their due diligence before making any investment decisions.