(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of December 20, 2024, 04:00 UTC, the price of Dogecoin (DOGE) stands at $0.31065539300815. The 24-hour trading volume for DOGE is $945,798,218,966.6969. Over the past 24 hours, the value of DOGE has experienced a 14.1948918% decrease.
Key Statistics:
- Circulating Supply: 147,269,446,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 147,269,446,383.71 DOGE
- Market Capitalization: $45,750,047,744.423
Key Insights:
- Bearish Trend: The recent price decline indicates that DOGE is currently facing a bearish trend.
- Trading Volume: The high trading volume suggests significant market activity, which can be both bullish and bearish.
- Market Dominance: DOGE's market capitalization places it among the top cryptocurrencies, but its dominance could fluctuate based on market sentiment.
Additional Information:
- Dogecoin is a decentralized, peer-to-peer cryptocurrency created in 2013.
- Its unique logo, featuring a Shiba Inu dog, has contributed to its popularity in the crypto community.
- DOGE's supply is currently limited to the 147 billion coins that have already been mined.
- Investors should exercise caution when considering DOGE due to its volatile nature and potential susceptibility to market manipulation.