(24-hour Dogecoin price trend)
Dogecoin Experiences Marginal Price Drop
As of 22:00 UTC on August 25th, 2024, the price of Dogecoin (DOGE) stands at $0.10998922786999. Over the past 24 hours, the trading volume of DOGE has reached $666,427,248.12886.
In the last day, Dogecoin's price has witnessed a modest decline of -2.02577646%. This price movement is in contrast to Bitcoin's performance, which has remained relatively stable.
The circulating supply of DOGE stands at 145,680,416,383.71. The maximum supply and total supply for DOGE are currently undetermined. The current circulating market capitalization of DOGE is approximately $16,023,276,513.822.
Analysts attribute the recent dip in DOGE's price to profit-taking following a period of substantial gains. However, they remain optimistic about the long-term prospects of DOGE due to its strong community support and growing adoption as a payment option.