The latest price of Dogecoin at 22:00 on July 12, 2024

(24-hour Dogecoin price trend)

Dogecoin's Price Update

As of July 12, 2024, 10:00 PM, Dogecoin (DOGE) is valued at $0.10729211543085. The 24-hour trading volume stands at $519812639.74248. Over the past day, Dogecoin's price has experienced a decline of -2.68243628%.

Circulation and Supply Information

The circulating supply of Dogecoin is 145085346383.71. The maximum supply of the cryptocurrency is limitless, while its total supply is also 145085346383.71.

Market Cap

Dogecoin's market capitalization currently stands at $15566513731.525, indicating the total value of all circulating Dogecoin coins.

Recent Price Action

Dogecoin's price has been fluctuating in recent weeks. The cryptocurrency has seen periods of both growth and decline, influenced by market sentiment, regulatory developments, and broader economic conditions.

Factors Affecting Dogecoin's Price

Numerous factors impact the price of Dogecoin, including:

• Speculation: DOGE has gained popularity as a speculative asset, driven by social media hype and community support.
• Elon Musk's Endorsement: Tesla CEO Elon Musk has been a vocal proponent of Dogecoin, contributing to its price appreciation.
• Market Volatility: The cryptocurrency market is inherently volatile, and Dogecoin's price can experience significant fluctuations in a short period.
• Cryptocurrency Adoption: Increasing acceptance and use of cryptocurrencies as a form of payment or investment can positively impact Dogecoin's price.

Outlook

The future price of Dogecoin remains uncertain. The cryptocurrency's value is subject to market forces and could fluctuate significantly in the short and long term.