The latest price of Dogecoin at 06:00 on December 19, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: December 19, 2024

As of December 19, 2024, at 06:00 AM UTC, the live Dogecoin (DOGE) price is $0.36184584517686. Over the past 24 hours, DOGE has witnessed a significant decline, with a loss of -9.49545458%. The current trading volume for DOGE stands at $5469202817.4628, indicating substantial trading activity.

Key Market Metrics:

• Current Price: $0.36184584517686
• 24-Hour Trading Volume: $5469202817.4628
• Price Change (24 Hours): -9.49545458%
• Market Cap: $53284209287.08
• Circulating Supply: 147256656383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147256656383.71 DOGE

Recent Price Movements:

Dogecoin has been exhibiting a downward trend over the past 24 hours. The asset's price has experienced a steep decline, indicating that selling pressure is prevalent in the market. However, DOGE's long-term performance remains positive, with a substantial surge in value since December last year.

Market Sentiment:

Market sentiment for Dogecoin is generally bearish due to the recent price decline. Investors are selling their DOGE holdings, which is causing the token's value to fall. However, it is worth noting that cryptocurrency markets are volatile, and sudden price reversals are always possible.

Future Outlook:

Dogecoin's future price movements will depend on several factors, including market sentiment, news events, and developments in the wider cryptocurrency ecosystem. It is difficult to predict the exact direction of DOGE's price, but investors should exercise caution and evaluate their investment strategies carefully.