The latest price of Dogecoin at 20:00 on August 7, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of August 7, 2024, 8:00 PM, Dogecoin's (DOGE) latest price stands at $0.099490392127022. Over the past 24 hours, the altcoin's trading volume has amounted to $987,712,740.74161.

In the span of the last day, Dogecoin's value has witnessed a noticeable surge of 3.50184198%.

Key Statistics:

• Circulating Supply: 145,434,786,383.71 DOGE
• Maximum Supply: Not available
• Total Supply: 145,434,786,383.71 DOGE
• Market Capitalization: $14,469,363,926.225

Analyst's Perspective:

The recent price increase in Dogecoin is likely attributed to a combination of factors, including growing interest from retail investors and the broader cryptocurrency market. The altcoin's strong community support and its association with the popular meme culture have also contributed to its appeal among traders.

However, it's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate significantly within short periods. Investors should exercise caution and conduct thorough research before making any investment decisions.