(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis on November 22, 2024
At 06:00 UTC on November 22, 2024, the live price of Dogecoin (DOGE) stood at $0.38604442998188, with a 24-hour trading volume of $802,331,218,477.71.
Price Movement and Market Cap
Over the past 24 hours, Dogecoin's price experienced a moderate increase of 1.74066159%. The current market capitalization of Dogecoin is approximately $56,705,474,276.01.
Circulating Supply and Maximum Supply
The circulating supply of Dogecoin is recorded as 146,888,466,383.71, while there is no designated maximum supply for the cryptocurrency.
Overall Market Trend
Dogecoin is known for its volatility in the cryptocurrency market. Its price fluctuations are influenced by various factors such as market sentiments, regulatory changes, and community support. While DOGE has gained significant traction over the years, investors should exercise caution and conduct thorough research before making any investment decisions.
Additional Information
- Dogecoin was created as a fun and lighthearted alternative to Bitcoin in 2013.
- It is often referred to as the "meme coin" due to its association with online memes and internet culture.
- Dogecoin has a large and active online community, which contributes to its popularity and value.
- The cryptocurrency is accepted as a payment method by several merchants and businesses worldwide.