(24-hour Dogecoin price trend)
Dogecoin (DOGE) Surges Despite Recent Decline
As of July 19, 2024, at 8:00 PM, the price of Dogecoin (DOGE) stood at $0.11920166023921. The 24-hour trading volume for the cryptocurrency reached a substantial $643,616,123.9997.
While DOGE has seen a mild decline in recent trading, its overall value has remained relatively stable. Over the last 24 hours, the price of Dogecoin has fluctuated by -2.26003848%, indicating a slight reduction in value.
Essential Dogecoin Statistics
- Circulating Supply: 145,178,846,383.71
- Maximum Supply: Not applicable (capped supply)
- Total Supply: 145,178,846,383.71
- Market Capitalization: $17,305,559,520.551
Dogecoin's Position in the Market
Dogecoin remains a popular cryptocurrency, with its unique characteristics and widespread community support. While it is not as widely accepted for payments as major cryptocurrencies like Bitcoin and Ethereum, DOGE has gained traction as an investment vehicle and a means of micropayments.
Its relatively low price point and accessible nature make it an attractive option for investors seeking diversification in their portfolios. Additionally, Dogecoin's strong community presence contributes to its stability and potential for long-term growth.