The latest price of Dogecoin at 21:00 on August 5, 2024

(24-hour Dogecoin price trend)

Dogecoin Prices Surge and Dip

August 5, 2024, 9:00 PM

Dogecoin (DOGE), a cryptocurrency known for its association with the popular internet meme, has recently experienced significant price fluctuations. At the time of writing, the price of DOGE stands at $0.083152885603232.

Over the past 24 hours, DOGE has witnessed a rapid decline in its value, with a loss of -23.0089805%. This sharp drop follows a period of steady growth for the cryptocurrency. The 24-hour trading volume of DOGE currently sits at $2584985676.1897.

Market analysts attribute the recent price volatility of DOGE to a combination of factors, including large selloffs and changes in the overall cryptocurrency market. Bitcoin, the dominant cryptocurrency, has also seen a slight decline in value, which may have had an impact on DOGE.

Despite the recent dip, DOGE still maintains a significant market capitalization of $12091126918.715, with a circulating supply of 145408386383.71. The maximum supply and total supply of DOGE remain uncertain.

Investors should be aware that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. It is important to conduct thorough research and exercise caution before making any investment decisions.