The latest price of Dogecoin at 21:00 on November 26, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Fluctuates Post-Whale Exodus

As of 21:00 EST on November 26, 2024, the latest price of Dogecoin (DOGE) stands at $0.36973245862168, with a 24-hour trading volume of $1,068,313,203,592.80. Dogecoin's price has witnessed a -12.79965776% change in the last 24 hours.

Key Market Statistics:

• Circulating supply: 146,951,616,383.71
• Maximum supply: Unlimited
• Total supply: 146,951,616,383.71
• Market capitalization: $54,332,782,423.977

Whale Activity and Price Impact:

Notably, Dogecoin whales reduced their holdings between November 20 and 23, during the week when the cryptocurrency reached its yearly peak. This reduction in exposure contributed to the decline in DOGE's price, pushing it towards the $0.3 mark.

Bullish Momentum and Market Dynamics:

Previously, Dogecoin prices soared amid bullish momentum, driven by positive market dynamics and speculation surrounding Elon Musk's potential involvement in the project. Hopes for a potential all-time high resurgence were fueled by key trends and market news.

Future Outlook:

It remains to be seen how the recent whale exodus and market dynamics will impact Dogecoin's future trajectory. While the asset has experienced significant price fluctuations in the past, it retains a loyal community and continues to be a popular cryptocurrency for many investors.