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

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Market Update

As of 18:00 UTC on October 8, 2024, Dogecoin (DOGE) is trading at $0.10778306618706. The 24-hour trading volume for DOGE is $782,707,030.11351.

Price Movements

In the past 24 hours, DOGE has experienced a price decrease of -3.99811593%. This drop follows a recent upward trend, with DOGE's value rising significantly in the preceding weeks.

Market Statistics

• Circulating Supply: 146,279,106,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,279,106,383.71 DOGE
• Market Capitalization: $15,766,410,605.139

Comparison to Bitcoin

Although Dogecoin has not surpassed Bitcoin in market value, it remains a popular cryptocurrency among retail investors due to its low price and community support. Bitcoin's current price is significantly higher than DOGE, with a market capitalization of over $1 trillion.

Outlook

The future of Dogecoin remains uncertain. Its price volatility and lack of underlying utility make it a risky investment. However, the cryptocurrency's strong community and potential for short-term gains continue to attract traders.

Note: Please note that crypto asset prices are highly volatile and can change rapidly. The information provided in this report is for informational purposes only and should not be construed as investment advice.