The latest price of Dogecoin at 04:00 on November 27, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Market Insights

As of November 27th, 2024, 04:00 UTC, Dogecoin (DOGE) is trading at $0.37998918567598. Over the past 24 hours, the coin has experienced a decline of -6.40957574% in its price.

Key Metrics

• 24-hour trading volume: $975,594,136,342.14
• Circulating supply: 146,955,716,383.71 DOGE
• Maximum supply: Not applicable
• Total supply: 146,955,716,383.71 DOGE
• Market capitalization: $55,841,582,999.075

Market Trend

Dogecoin has been experiencing a downward trend in the past 24 hours, aligning with the broader cryptocurrency market. The coin's value has been affected by factors such as the recent market correction and regulatory uncertainties.

Additional Market Information

• Dogecoin's price movements are closely correlated with the performance of Bitcoin.
• The coin's high trading volume indicates active market participation and interest in DOGE.
• The token's limited supply and large circulating supply contribute to its price volatility.
• Dogecoin's community base and social media following continue to influence its market sentiment.

Conclusion

Dogecoin remains one of the most popular and widely traded cryptocurrencies. While it has experienced price volatility recently, its long-term growth potential remains uncertain. Investors and traders should carefully consider market conditions and conduct thorough research before making any investment decisions involving DOGE.