(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price and Market Status (as of August 25th, 2024, 8:00 PM EST)
Dogecoin (DOGE) is currently trading at $0.10899130556695, exhibiting a 24-hour trading volume of $728,709,046.06488. Over the past 24 hours, DOGE has experienced a price decline of 3.04056955%.
Circulation and Supply:
- Circulating Supply: 145,679,326,383.71
- Maximum Supply: None
- Total Supply: 145,679,326,383.71
Market Capitalization:
Dogecoin's market capitalization currently stands at $15,877,779,976.674, indicating its position among the leading cryptocurrencies. However, it's worth noting that the absence of a maximum supply raises potential concerns about inflation and dilution of the currency's value over time.
Key Takeaways:
- Dogecoin has experienced a price decline in the past 24 hours.
- Its market capitalization remains significant despite the price drop.
- The lack of a maximum supply poses potential challenges for DOGE's long-term stability.
Investors should monitor DOGE's ongoing performance closely and conduct thorough research before making any investment decisions.