(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
As of August 19, 2024, at 9:00 PM, the latest price of Dogecoin (DOGE) is $0.10026436318696. The 24-hour trading volume stands at $446,840,134.82763.
Recent Price Movement
Over the past 24 hours, Dogecoin's price has experienced a decline of -3.21358388%. This drop marks a reversal from the recent upward trend that pushed DOGE above the $0.10 mark.
Key Statistics
- Circulating Supply: 145,597,936,383.71
- Maximum Supply: (Unlimited)
- Total Supply: 145,597,936,383.71
- Market Capitalization: $14,598,284,372.848
Analysis
The recent pullback in Dogecoin's price could be attributed to several factors, including market sentiment and profit-taking from investors who had held DOGE at higher prices. The absence of significant announcements or developments for Dogecoin may have also contributed to the decline.
Despite the recent dip, Dogecoin remains a popular cryptocurrency, known for its low transaction fees and strong community support. It is still too early to say whether the current trend will continue or if DOGE will regain its upward momentum.
Investors are advised to conduct thorough research and consider their individual risk tolerance before making any investment decisions.
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