The latest price of Dogecoin at 19:00 on November 07, 2024

(24-hour Dogecoin price trend)

Dogecoin's Fall Amidst Crypto Market Correction

As of November 7, 2024, 7:00 PM UTC, Dogecoin (DOGE) is trading at $0.19288232, marking a 24-hour trading volume of $581,684,566,227.17. However, the value of DOGE has witnessed a significant decline of -4.69910662% over the past day.

The current circulating supply of Dogecoin stands at 146,690,956,383.71 DOGE, with an uncapped maximum supply. Its total supply, also currently at 146,690,956,383.71 DOGE, represents the total number of coins that have been mined and are available for circulation.

The plunge in Dogecoin's value reflects the broader market correction currently affecting the cryptocurrency industry. Bitcoin (BTC), the leading digital currency, has also experienced a notable dip in price, further contributing to the overall market sentiment.

Despite the recent decline, Dogecoin remains one of the most popular and widely recognized cryptocurrencies. Its unique meme origin and strong community support have attracted a significant following, solidifying its position in the digital asset landscape.

Investors should exercise caution and conduct thorough research before making any investment decisions in the highly volatile cryptocurrency market.