The latest price of Dogecoin at 20:00 on October 30, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of October 30, 2024 at 8:00 PM EST, the latest price of Dogecoin (DOGE) is $0.16814708537174. The 24-hour trading volume stands at $3,375,976,722.7818. Dogecoin has experienced a 0.91286499% price increase in the last 24 hours.

Key Statistics

• Circulating Supply: 146,581,696,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,581,696,383.71 DOGE
• Market Capitalization: $24,647,285,015.766

Analysis

Dogecoin has shown a modest uptick in price in the past 24 hours. This could be attributed to renewed interest in the cryptocurrency, possibly sparked by positive market sentiment towards memecoins. However, it is important to note that DOGE's price remains well below its all-time high of $0.7376 recorded in May 2021.

The circulating supply of Dogecoin has remained relatively stable over the past few months. The maximum supply of DOGE is not capped, which means that new coins can be created indefinitely. Therefore, it is important to monitor the supply dynamics to gauge potential price fluctuations.

The cryptocurrency market is known for its volatility, and DOGE is no exception. Investors should exercise caution when investing in DOGE or any other cryptocurrency, and do their own thorough research before making any financial decisions.