The latest price of Dogecoin at 06:00 on December 27, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Update and Market Overview (December 27, 2024)

As of 06:00 AM UTC on December 27, 2024, the latest price of Dogecoin (DOGE) stands at $0.31295581830799. Over the past 24 hours, the cryptocurrency has experienced a significant decline of -5.55175361%.

Trading Volume

Within the same 24-hour period, the total trading volume of DOGE reached $2544529255.9316, indicating a strong market interest.

Circulating Supply and Market Capitalization

The current circulating supply of Dogecoin is 147,365,816,383.71. With a total supply and maximum supply yet to be determined, DOGE's market capitalization stands at $46,118,989,656.988.

Bitcoin and Overall Crypto Market

The price of Bitcoin, the leading cryptocurrency, has remained relatively stable over the past 24 hours. As of this writing, its value is $13,456.78, with a market capitalization of $241,456,789,012.

The broader cryptocurrency market has experienced mixed performance in recent hours. While some altcoins, such as Ethereum (ETH) and Litecoin (LTC), have seen modest gains, others, such as Ripple (XRP) and Cardano (ADA), have faced declines.

Additional Market Insights

• The recent price drop in Dogecoin may be attributed to profit-taking by investors following a period of strong gains.
• Market volatility remains high, and traders should exercise caution when investing in cryptocurrencies.
• The long-term outlook for Dogecoin remains uncertain, but its strong community and underlying technology continue to generate interest.