The latest price of Dogecoin at 23:00 on August 10, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges 0.67% Amid Market Fluctuations

As of August 10, 2024, 11:00 PM UTC, Dogecoin (DOGE) stands at a price of $0.10417309909518. This represents a 0.67298972% increase in the last 24 hours.

Trading Volume and Market Cap

The 24-hour trading volume for DOGE stands at $444,438,638.4472, indicating a moderate level of liquidity. With a circulating supply of 145,476,946,383.71 DOGE, the cryptocurrency has a market capitalization of $15,154,784,351.694.

Coin Supply Information

Although the article mentions that Dogecoin has a "total supply" of 145,476,946,383.71, it is crucial to note that DOGE has an unlimited supply. This means that new coins can be generated infinitely, potentially affecting its long-term value.

Performance Analysis

Dogecoin has experienced a significant upswing in recent months, driven by a surge in retail interest and the general uptrend in the broader crypto market. The coin's volatility remains high, with potential for both sharp gains and sudden declines.

Conclusion

Dogecoin remains a popular meme-based cryptocurrency that has gained traction in the crypto community. While it has seen notable growth in the past, it is important for investors to exercise caution due to its high volatility and unlimited supply.