(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update
As of October 8, 2024, 9:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.10720263105832, with a 24-hour trading volume of $761,016,803.15718.
Recent Price Movements
Over the past 24 hours, the price of Dogecoin has experienced a correction of -3.5251211%. This decline follows a period of growth, and it remains to be seen whether this downward trend will continue.
Market Capitalization and Supply
Dogecoin has a circulating supply of 146,280,856,383.71 coins, with a maximum supply and total supply both listed as unknown. Its market capitalization currently stands at $15,681,692,677.798.
Comparison to Bitcoin
For comparison, Bitcoin's circulating supply is currently 146,280,856,383.71, with a total supply of 21,000,000. Bitcoin's current market capitalization is significantly higher than that of Dogecoin, at $449,346,651,110.22.
Conclusion
The latest price movements of Dogecoin indicate a period of consolidation. The decline over the past 24 hours has moderated the gains seen in the previous days. Investors should monitor the market closely and assess the potential for further corrections or a reversal in trend.