The latest price of Dogecoin at 23:00 on October 31, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Fluctuates Slightly

As of October 31, 2024, 11:00 PM, Dogecoin (DOGE) is priced at $0.16651381288506. Over the past 24 hours, the cryptocurrency has experienced a decline of approximately 1.29%.

Key Statistics

• Price: $0.16651381288506
• 24-hour Trading Volume: $1986646225.5776
• Market Capitalization: $24410443141.868
• Circulating Supply: 146597106383.71
• Maximum Supply: Unlimited
• Total Supply: 146597106383.71

Market Dynamics

Dogecoin's price has remained relatively stable over the past week, fluctuating within a narrow range. The current market sentiment is mixed, with some analysts expressing optimism while others caution against overly speculative trading.

The overall cryptocurrency market has also experienced some volatility in recent weeks, with Bitcoin and other major coins facing selling pressure. However, Dogecoin has held relatively well, indicating that it may have gained some resilience against market downturns.

Looking Ahead

The long-term prospects for Dogecoin remain uncertain. The cryptocurrency's value is largely driven by social media sentiment and speculation, making it vulnerable to significant price swings. Investors should proceed with caution and only invest an amount they can afford to lose.

Despite its relatively volatile nature, Dogecoin remains a popular cryptocurrency among retail investors. Its low price and accessible nature make it a potential entry point for those looking to explore the world of digital assets.