The latest price of Dogecoin at 22:00 on August 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of August 29th, 2024, at 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.10159946125022, with a 24-hour trading volume of $546,043,979.44705. Over the past 24 hours, DOGE has experienced a gain of 1.03816224%.

Key Metrics

• Circulating Supply: 145,735,146,383.71
• Maximum Supply: N/A
• Total Supply: 145,735,146,383.71
• Market Cap: $14,806,612,357.807

Market Overview

Over the past year, Dogecoin has experienced significant price volatility, with notable peaks and troughs. DOGE's current price represents a significant deviation from its all-time high of $0.737669 on May 8th, 2021.

Analysts attribute the recent rise in DOGE's price to positive sentiment surrounding the broader crypto market, as well as increased adoption and retail interest in the digital asset.

Community Engagement

Dogecoin has a strong and active community of supporters, often referred to as the "Doge Army." The community is known for its enthusiastic embrace of the meme cryptocurrency and for its efforts to promote its use and acceptance.

Outlook

The future of Dogecoin remains uncertain, and its price may continue to fluctuate based on market conditions and community sentiment. Some analysts believe that DOGE's strong community support and increased usage could contribute to long-term value appreciation.

Investors should conduct thorough research and exercise caution when considering any cryptocurrency investment.