(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update as of August 10, 2024
As of August 10, 2024 at 8:00 PM, Dogecoin (DOGE) is trading at $0.1044643400282, with a 24-hour trading volume of $509,887,266.94061. The price of DOGE has witnessed a slight decrease of -0.07963402% in the past 24 hours.
Key Statistics
- Circulating Supply: 145,475,276,383.71
- Maximum Supply: N/A
- Total Supply: 145,475,276,383.71
- Market Capitalization: $15,196,978,737.843
Market Dynamics
The recent downtrend in DOGE's price is likely influenced by broader market volatility and the ongoing regulatory scrutiny in the cryptocurrency industry. However, DOGE's strong community support and widespread adoption continue to provide a positive outlook.
Investment Considerations
Investors considering investing in DOGE should carefully assess the risks and rewards associated with the cryptocurrency market. The high volatility of cryptocurrencies means that investments can fluctuate significantly. Long-term investors may find DOGE attractive due to its potential for growth, while short-term traders should exercise caution.
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