The latest price of Dogecoin at 18:00 on October 7, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of October 7, 2024, 6:00 PM UTC, Dogecoin (DOGE) is trading at $0.11211154271663, recording a 24-hour trading volume of $645,045,607.62164. In the past 24 hours, DOGE has experienced a price increase of 2.50250687%.

Key Metrics:

• Circulating Supply: 146,265,506,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,265,506,383.71 DOGE
• Market Cap: $16,398,051,566.907

Market Trends:

Recent market data shows an overall positive trend for Dogecoin. The 24-hour price increase suggests bullish sentiment among investors, who are speculating on the potential growth of the cryptocurrency in the long term. The high trading volume indicates active participation in the DOGE market.

However, it's important to note the volatility inherent in the cryptocurrency market. While DOGE has shown positive momentum recently, it is susceptible to fluctuations and may experience price swings in the future.

Conclusion:

Dogecoin (DOGE) continues to be a popular cryptocurrency among retail investors, with a significant market capitalization and活跃交易市场。 While the recent price increase and positive performance in the past 24 hours indicate potential growth, it's essential to exercise caution when investing in volatile assets like DOGE. Investors should conduct thorough research and understand the inherent risks before making any investment decisions.