(24-hour Dogecoin price trend)
Dogecoin's Price Action: August 4, 2024, 10:00 PM
As of August 4, 2024, at 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.10735267515513. This represents a 5.41875359% decline in price over the past 24 hours.
Over the past 24 hours, the trading volume of Dogecoin has amounted to $701,263,708.57299. This significant trading activity indicates a high level of market interest in the cryptocurrency.
Circulating Supply and Market Cap
The current circulating supply of Dogecoin stands at 145,395,546,383.71. This figure represents the total number of DOGE coins that are currently in circulation.
The maximum supply of Dogecoin is undefined, meaning that there is no limit to the number of coins that can be created. The total supply of Dogecoin is also 145,395,546,383.71.
Based on the circulating supply and the current price, the market capitalization of Dogecoin is $15,608,600,859.933. This value represents the total value of all Dogecoin coins currently in circulation.
Overall Observations
The recent price decline of Dogecoin suggests that there is some selling pressure in the market. However, the high trading volume implies that there is also significant buying interest. It remains to be seen whether Dogecoin will continue to decline or if it will manage to regain its previous gains.