The latest price of Dogecoin at 03:00 on November 29, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Maintains Stability Despite Market Volatility

As of November 29, 2024, 03:00 UTC, Dogecoin (DOGE) stands at a price of $0.39974459543699. Despite ongoing fluctuations in the cryptocurrency market, DOGE has managed to maintain relative stability.

In the past 24-hour period, DOGE has experienced a moderate dip of -0.50327416%, bringing the daily trading volume to $6401400968.684.

Market Statistics

• Circulating Supply: 146982156383.71
• Max Supply: Unlimited
• Total Supply: 146982156383.71
• Market Cap: $58755322640.061

Key Considerations

Despite its recent dip, Dogecoin's technical indicators show signs of resilience. The Relative Strength Index (RSI) hovers around 45, indicating a neutral market sentiment. The Moving Average Convergence Divergence (MACD) line is close to crossing above the signal line, suggesting a potential upward trend.

Analysts believe that the stability of Dogecoin is largely due to its strong community support and increased acceptance by businesses. Recent partnerships with major retailers like Newegg and Flexa have expanded DOGE's utility as a form of payment.

Outlook

While the cryptocurrency market remains uncertain, Dogecoin's strong fundamentals and loyal user base position it to weather potential storms. Its long-term growth prospects are tied to its ability to gain wider adoption and use cases.