The latest price of Dogecoin at 22:00 on August 28, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: August 28, 2024

As of August 28, 2024, 10:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.10055553168637. This represents a decline of -3.50751417% in the last 24 hours.

Trading Volume and Supply

The 24-hour trading volume for DOGE is $689,523,937.68956. The circulating supply of DOGE is 145,721,406,383.71, while the maximum supply and total supply are both unknown at this time.

Market Capitalization

The market capitalization of DOGE is $14,653,093,496.999, based on its current price and circulating supply. This places DOGE as the 20th largest cryptocurrency by market cap, according to CoinMarketCap.

Price Fluctuations

Over the past few months, DOGE has experienced significant price fluctuations. In July 2024, the price reached a high of $0.15 before dropping to its current level. The price movements have largely been driven by market sentiment and news surrounding the cryptocurrency.

Factors Influencing Price

The price of DOGE is influenced by various factors, including:

• Market sentiment towards cryptocurrencies in general
• Acceptance and adoption of DOGE by businesses and individuals
• News and developments related to the Dogecoin project
• Overall macroeconomic conditions

Conclusion

The price of Dogecoin is volatile and subject to market fluctuations. Investors are advised to exercise caution when investing in cryptocurrencies and conduct thorough research before making any financial decisions.