The latest price of Dogecoin at 19:00 on October 6, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: October 6, 2024

As of October 6, 2024, 7:00 PM, the latest Dogecoin (DOGE) price is $0.10892615807758, with a 24-hour trading volume of $343,234,225.75341. The price of Dogecoin has experienced a decline of -0.42503911% over the past 24 hours.

Key Metrics

• Market Cap: $15,930,713,826.239
• Circulating Supply: 146,252,416,383.71 DOGE
• Total Supply: 146,252,416,383.71 DOGE
• Max Supply: Unlimited

Market Sentiment

Dogecoin's price has been volatile in recent weeks, with significant fluctuations both up and down. Analysts attribute the price movements to a combination of factors, including the overall cryptocurrency market sentiment, investor sentiment, and the development of the Dogecoin network itself.

Network Developments

The Dogecoin network has seen several significant developments in recent months, including the launch of the Dogecoin Core 1.14.5 update, which brought performance improvements and security enhancements. Additionally, the Dogecoin Foundation has been actively working on promoting the use of Dogecoin, including the establishment of the Dogecoin Foundation Grant Fund to support projects building on the Dogecoin network.

Outlook

The future of Dogecoin is difficult to predict, but some experts believe that it has the potential to continue to gain value as an investment and a medium of exchange. The development of the Dogecoin network and the ongoing efforts of the Dogecoin Foundation to promote its use will play a key role in determining its long-term success.