(24-hour Dogecoin price trend)
Dogecoin (DOGE): Price Update and Market Analysis
December 14, 2024 04:00 AM
As of December 14, 2024 04:00 AM, the latest price of Dogecoin (DOGE) stands at $0.405957295819, reflecting a rise of 0.33254583% in the past 24 hours.
Trading Volume
The 24-hour trading volume for DOGE has reached $3968764381.2106, indicating a high level of market activity.
Circulating Supply
The circulating supply of DOGE currently sits at 147187286383.71, a significant portion of the overall supply.
Maximum Supply
Notably, DOGE does not have a designated maximum supply, making it susceptible to inflationary pressures.
Total Supply
The total supply of DOGE is capped at 147187286383.71, ensuring a finite supply in the future.
Market Cap
The market capitalization of DOGE has climbed to $59751752759.266, indicating a substantial value held by the entire supply.
Conclusion
Dogecoin has continued to gain momentum, experiencing a positive price movement over the past 24 hours. However, it is important to note that DOGE's lack of a maximum supply may introduce long-term inflationary risks. Investors are advised to exercise caution and conduct thorough research before making investment decisions involving DOGE.