(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: December 13, 2024
As of December 13, 2024, 7:00 PM EST, the live Dogecoin (DOGE) price is $0.40694047036894. The 24-hour trading volume for DOGE is $4578481636.8079. In the last 24 hours, the value of DOGE has decreased by -0.81607068%.
Key Dogecoin Statistics:
- Circulating Supply: 147182156383.71
- Maximum Supply: N/A
- Total Supply: 147182156383.71
- Market Cap: $59894375948.7
Dogecoin Price Movement:
Over the past 24 hours, the price of DOGE has experienced a slight decline. This decrease may indicate a market correction or a shift in investor sentiment toward the cryptocurrency.
Factors Influencing DOGE Price:
The price of DOGE is influenced by various factors, including market conditions, media coverage, regulatory changes, and the wider crypto market. Positive news and events can often drive the price higher, while negative sentiments or regulatory challenges can lead to price declines.
Dogecoin Overview:
Dogecoin is a decentralized digital currency created in 2013. It was initially conceived as a joke currency based on the popular "Doge" meme featuring a Shiba Inu dog. However, it has since gained significant popularity and mainstream adoption. Dogecoin is known for its large and active community and has been used for various purposes, including online transactions, tips, and charitable donations.
Conclusion:
Dogecoin's price remains volatile, and it is essential for investors to conduct thorough research before making any investment decisions. While the cryptocurrency has experienced periods of significant growth in the past, it is crucial to remember that all cryptocurrencies carry inherent risks and that past performance is not necessarily indicative of future results.