The latest price of Dogecoin at 20:00 on July 31, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Update: Price, Volume, and Market Cap

As of July 31, 2024, at 8:00 PM, the current price of Dogecoin (DOGE) stands at $0.12539287819191. The 24-hour trading volume for DOGE is $598,491,109.87337, reflecting a decrease of -2.90622363% in its value over the past day.

Key Metrics:

• Circulating Supply: 145,340,426,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 145,340,426,383.71 DOGE
• Circulating Market Cap: $18,224,654,381.893

Market Analysis:

The recent decline in DOGE's price can be attributed to several factors, including the general market sentiment towards cryptocurrencies, the broader economic conditions, and the specific developments surrounding the Dogecoin project.

Despite the short-term fluctuations, Dogecoin remains one of the most popular and widely traded cryptocurrencies in the world. Its strong community support and the potential for wider adoption contribute to its ongoing relevance and potential for future growth.

Conclusion:

While the current price of Dogecoin may be below its all-time high, the cryptocurrency continues to hold a significant position in the digital asset market. Its price, trading volume, and market capitalization will likely continue to fluctuate based on various market influences.

Investors are advised to conduct thorough research and consider their risk tolerance before making any investment decisions.