(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: July 18, 2024, 8:00 PM
As of July 18, 2024, 8:00 PM, the current price of Dogecoin (DOGE) is $0.12194533498598. Over the past 24 hours, the trading volume for DOGE has reached $725,133,945.90196, indicating a significant level of activity in the market.
Price Fluctuation and Market Sentiment
In the last 24 hours, the price of Dogecoin has witnessed a decline of -1.77445165%. This suggests a slight bearish sentiment in the market. However, DOGE's price has remained relatively stable in recent weeks, indicating a possible consolidation phase.
Supply and Circulation
The circulating supply of Dogecoin currently stands at 145,165,436,383.71 DOGE. This represents the total number of DOGE available in the market. The maximum supply of DOGE is undefined, meaning that new coins can be created, potentially affecting the price and supply dynamics in the future.
Market Capitalization and Market Position
The total supply of Dogecoin is 145,165,436,383.71 DOGE. The market capitalization of DOGE, which represents the total value of all DOGE coins in circulation, is currently estimated at $17,702,247,768.197. This places Dogecoin among the top cryptocurrencies by market capitalization.
Conclusion
Dogecoin's price has experienced a slight decline in the past 24 hours. However, the overall market sentiment remains relatively positive, with DOGE maintaining a strong presence in the cryptocurrency market. Investors should monitor the price action and market conditions closely to make informed trading decisions.