The latest price of Dogecoin at 22:00 on August 15, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: August 15, 2024, 10:00 PM

As of today, August 15, 2024, at 10:00 PM, the current price of Dogecoin (DOGE) stands at $0.10399255536357. Over the past 24 hours, the cryptocurrency has seen a significant trading volume of $531,196,838.73809.

Recent Price Performance

Over the past 24 hours, the value of Dogecoin has witnessed a modest increase of 1.18529971%. This positive trend suggests growing investor confidence in the cryptocurrency.

Circulation and Supply

The current circulating supply of Dogecoin stands at 145,544,166,383.71, which accounts for its entire total supply. This means that all the DOGE coins that will ever be created have already been released into circulation.

Market Capitalization

Based on the circulating supply and current price, the market capitalization of Dogecoin is approximately $15,135,509,780.502. Market capitalization is a crucial indicator of a cryptocurrency's overall value and market dominance.

Historical Context

In the context of Dogecoin's historical performance, the current price represents a significant gain from its all-time low of $0.0002 in July 2015. However, it remains below its all-time high of $0.7376 reached in May 2021.

Outlook and Analysis

Market analysts predict that Dogecoin may continue to show positive momentum in the short term. Factors such as increased adoption and popularity among retail investors are driving its value higher. However, it is important to note that all cryptocurrency investments carry inherent risk, and investors should exercise caution and research before making any financial decisions.