(24-hour Dogecoin price trend)
Dogecoin Price Update: December 3, 2024
As of December 3, 2024, 05:00 UTC, the latest price of Dogecoin (DOGE) stands at $0.42207557443882. The 24-hour trading volume has reached $13828091277.403.
Market Performance
Over the past 24 hours, Dogecoin's price has experienced a decline of -4.10695154%. This fluctuation represents a notable downward movement in the cryptocurrency's value.
Supply Dynamics
Dogecoin has a circulating supply of 147037906383.71 DOGE, with a maximum supply of unknown and a total supply of 147037906383.71 DOGE.
Market Capitalization
The current market capitalization of Dogecoin is $62061108801.183, making it one of the top cryptocurrencies in terms of market value.
Additional Insights
- Reason for Price Decline: The recent price decline may be attributed to factors such as general market volatility, uncertainty about future market conditions, or negative news or developments related to Dogecoin.
- Long-Term Outlook: Analysts have varying opinions on the long-term prospects of Dogecoin. Some believe it has growth potential, while others view it as a highly volatile asset with limited real-world use cases.
- Future Expectations: The future price of Dogecoin remains uncertain and subject to market forces. Investors should exercise caution and conduct thorough research before making any investment decisions.