The latest price of Dogecoin at 20:00 on October 06, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Fluctuations and Market Trends

As of October 6, 2024, at 8:00 PM, the current price of Dogecoin (DOGE) stands at $0.10956372337915. Over the past 24 hours, the trading volume has reached $342,895,477.70442.

Recent Price Performance

Within the past 24 hours, DOGE has experienced a slight decline of -0.02324338% in its price value. This movement follows a broader market trend that has seen fluctuations in the cryptocurrency market.

Market Statistics

• Circulating Supply: 146,253,266,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,253,266,383.71 DOGE
• Market Cap: $16,024,052,421.361

Comparison to Bitcoin (BTC)

Despite the recent fluctuations, the market capitalization of DOGE remains lower than that of Bitcoin (BTC). BTC's circulating supply is currently at 14,625,326,6383.71, with a much higher market cap.

Market Sentiment

The market sentiment for DOGE is currently mixed. Some analysts believe that the downward trend experienced in the past 24 hours could be a correction before a potential rebound. Others remain cautious and maintain a neutral outlook.

Disclaimer

The cryptocurrency market is highly volatile, and past performance is not an indicator of future results. Investors should exercise caution and conduct thorough research before making any investment decisions.