The latest price of Dogecoin at 05:00 on December 07, 2024

(24-hour Dogecoin price trend)

Recent Price of Dogecoin (DOGE) as of December 07, 2024 05:00 AM

The current price of Dogecoin (DOGE) is $0.43877892297824, with a 24-hour trading volume of $7,686,286,734.4534. DOGE has experienced a price increase of 1.45129013% over the past 24 hours.

Key Statistics

• Circulating Supply: 147,091,856,383.71
• Maximum Supply: Unlimited
• Total Supply: 147,091,856,383.71
• Market Capitalization: $64,540,806,322.912

Related Information

Dogecoin, a decentralized peer-to-peer cryptocurrency, was created by software engineers Billy Markus and Jackson Palmer in 2013. It quickly gained popularity as a fun and lighthearted alternative to established cryptocurrencies like Bitcoin.

DOGE's unlimited supply and frequent issuance of new coins have led to concerns about inflation, although its large and dedicated community maintains its value through demand and speculation.

The price of Dogecoin is influenced by various factors such as market sentiment, regulatory actions, news and events, and the overall performance of the cryptocurrency market. It is important to do thorough research and consult with financial advisors before making any investment decisions.