(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: August 21, 2024, 10:00 PM
As of August 21, 2024, at 10:00 PM, Dogecoin (DOGE) is trading at $0.10266812805679, with a 24-hour trading volume of $476,637,853.84816. The price of DOGE has experienced a decrease of -2.2879539% over the past day.
Key Statistics:
- Bitcoin Circulation: 145,625,576,383.71 DOGE
- Dogecoin Maximum Supply: Unlimited
- Total Supply: 145,625,576,383.71 DOGE
- Circulating Market Cap: $14,951,105,324.506
Analysis:
The recent price decline in DOGE can be attributed to several factors, including overall market volatility and profit-taking by investors. However, despite the dip, DOGE remains one of the most popular and widely traded cryptocurrencies due to its strong community support and potential use cases.
Outlook:
The future price of DOGE is difficult to predict, but it is influenced by various factors such as market sentiment, regulatory developments, and technological advancements. While the cryptocurrency market is known for its volatility, the potential for further growth in DOGE's value cannot be ruled out, especially if it develops stronger use cases and gains wider acceptance.
Please note that this is a current snapshot of the market and prices may have changed since the time this analysis was written. It is recommended to always consult the latest market data before making any investment decisions.