The latest price of Dogecoin at 22:00 on November 2, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Slumps: DOGE Witnesses a Downward Trend

As of November 2, 2024, 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.15763954697282, showcasing a decline of -5.9773118% over the past 24 hours. The 24-hour trading volume for DOGE stands at a substantial $1783803724.084.

Key Metrics

• Current Price: $0.15763954697282
• 24-Hour Price Change: -5.9773118%
• 24-Hour Trading Volume: $1783803724.084
• Circulating Supply: 146624266383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146624266383.71 DOGE
• Market Cap: $23113782927.95

Market Analysis

Dogecoin's recent price movement has been marked by a downtrend, eroding its value by nearly 6% in the past 24 hours. This decline follows a broader market sell-off that has impacted the entire cryptocurrency industry. Despite its fluctuations, Dogecoin remains one of the most popular meme coins, and its community continues to support its growth.

Future Outlook

The future of Dogecoin remains uncertain, as with any cryptocurrency. However, its strong community and unique position as a meme coin suggest that it has the potential to recover from its current slump. Investors should exercise caution and conduct thorough research before investing in any cryptocurrency, including DOGE.