The latest price of Dogecoin at 07:00 on December 20, 2024

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: DOGE Falls by 12.56% in 24 Hours

As of December 20th, 2024, at 07:00 AM, the real-time price of Dogecoin (DOGE) stands at $0.31676786886346. This equates to a 24-hour trading volume of $9555375007.1612. Over the past 24 hours, DOGE has experienced a significant decline of 12.55650182%.

Circulating Supply:

The current circulating supply of Dogecoin is 147271196383.71. However, it is important to note that there is no maximum supply limit for DOGE.

Total Supply:

The total supply of Dogecoin is also 147271196383.71, indicating that all coins in circulation represent the entire available supply.

Market Capitalization:

The market capitalization of Dogecoin at the time of writing is $46650783023.438, placing it among the top 10 cryptocurrencies by market valuation.

Price Movements and Analysis:

In recent days, Dogecoin's price has experienced significant volatility. After a brief surge to over $0.40, the digital asset has now retreated, marking a substantial drop in valuation. Analysts attribute the decline to a combination of factors, including profit-taking from recent gains and broader market uncertainty.

Despite the short-term fluctuations, Dogecoin remains popular among retail investors and has gained widespread recognition as a "meme coin" on social media. While its price movements are often unpredictable, DOGE has demonstrated its ability to attract significant attention and garner a dedicated fanbase.

It is important to note that cryptocurrency prices can be highly volatile, and investors should conduct thorough research and exercise caution before making any investment decisions.