The latest price of Dogecoin at 06:00 on November 25, 2024

(24-hour Dogecoin price trend)

Dogecoin Trades Near $0.42, Dips More Than 2%

Dogecoin (DOGE) was trading at $0.42564318948975 as of 06:00 AM UTC on November 25, 2024. The 24-hour trading volume for DOGE was $12,213,231,918.621. Dogecoin's price has decreased by -2.17080618% in the past 24 hours.

Key Metrics

• Circulating Supply: 134,203,000,000.00 DOGE
• Maximum Supply: Unlimited
• Total Supply: 134,203,000,000.00 DOGE
• Market Capitalization: $62,539,394,752.199

Market Sentiment

Analysts have varied opinions on the future price of DOGE. Some believe that the recent price declines are a sign of a larger correction, while others believe that DOGE is still undervalued and has significant growth potential.

Technical Analysis

Technical indicators for DOGE suggest that the coin is currently in a downtrend. The Relative Strength Index (RSI) is below 50, indicating that DOGE is oversold. The Moving Average Convergence Divergence (MACD) is also below the signal line, indicating that bearish momentum is strong.

However, it is important to note that technical analysis is not an exact science, and market conditions can change rapidly. Investors should always do their own research and consult with a financial advisor before making any investment decisions.