(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price and Market Analysis
As of September 21, 2024, at 6 PM UTC, the live price of Dogecoin (DOGE) stands at $0.10642911954206. Over the past 24 hours, DOGE has experienced a trading volume of $490,123,549.44885, indicating active market participation.
Recent Market Performance
In the last 24 hours, DOGE's price has declined by 0.43921615%, indicating a slight downward trend. This fluctuation is within the normal range of price variations for cryptocurrencies.
Circulating and Total Supply
The current circulating supply of Dogecoin is 146,046,646,383.71. However, it should be noted that DOGE has no maximum supply, meaning that new coins can be mined indefinitely. As a result, the total supply is also 146,046,646,383.71.
Market Capitalization
The market capitalization of Dogecoin, calculated by multiplying the price by the circulating supply, is $15,543,615,986.689. This places DOGE among the top cryptocurrencies by market capitalization.
Conclusion
The cryptocurrency market is known for its volatility, and the price of Dogecoin can fluctuate significantly in both directions within short time frames. Investors should approach investing in DOGE with caution and conduct thorough research before making any trading decisions. By understanding the latest price information and market conditions, investors can make informed decisions regarding their investments.