The latest price of Dogecoin at 20:00 on October 26, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of October 26, 2024, 8:00 PM, the price of Dogecoin (DOGE) stands at $0.13477080476303. Over the past 24 hours, the trading volume for DOGE has reached $1383608809.2406, representing a decrease of 2.98114713% from yesterday's price.

Key Metrics:

• Circulating Supply: 146527266383.71 DOGE
• Maximum Supply: Not applicable
• Total Supply: 146527266383.71 DOGE
• Market Cap: $19747597610.258

Price Volatility:

The price of DOGE has experienced significant volatility in the past 24 hours. The cryptocurrency opened at $0.138327 and reached a high of $0.140286 before dipping to its current level. The price action suggests increased market uncertainty and potential selling pressure.

Market Sentiment:

The current market sentiment for DOGE is slightly bearish, as indicated by the negative price change and the high trading volume. Investors may be hesitant to hold onto their DOGE amid concerns about its long-term prospects.

Outlook:

The future of DOGE remains uncertain. While the cryptocurrency has a loyal following and is accepted by a growing number of merchants, its lack of fundamental value and high supply could limit its upside potential. Investors are advised to proceed with caution and conduct thorough research before making any investment decisions.