The latest price of Dogecoin at 19:00 on December 19, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Dips Amidst Market Downturn

As of December 19th, 2024, at 7:00 PM, Dogecoin (DOGE) was valued at $0.36548474916063. Within the past 24 hours, its trading volume amounted to $6551987078.8203, experiencing a decline of -6.06918504%.

Supply and Circulation

The current circulating supply of Dogecoin stands at 147264246383.71, while its maximum supply remains undefined. The total supply is also noted as 147264246383.71, resulting in a circulating market cap of $53822836149.878.

Market Analysis

Recent market developments, particularly Jerome Powell's speech, have triggered a global market downturn. Bitcoin (BTC) witnessed a significant drop of $100,000. Experts caution against investing in new cryptocurrencies during this volatile period.

Instead, veteran investors are advised to consider established tokens such as Ethereum (ETH), Dogecoin (DOGE), Sui (SUI), and cryptocurrencies endorsed by influential figures like the Trump family.

Conclusion

Dogecoin's recent price decline can be attributed to the broader market correction. While the market remains unpredictable, seasoned investors are urged to exercise caution and explore established cryptocurrencies with a proven track record.