The latest price of Dogecoin at 07:00 on November 28, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Key Metrics

As of November 28, 2024, 07:00 AM UTC, the live Dogecoin (DOGE) price is $0.40139244016658 with a 24-hour trading volume of $6,385,716,905.2895. In the past 24 hours, DOGE has experienced a price increase of 4.90094432%.

Key Metrics:

• Circulating Supply: 146,971,026,383.71
• Maximum Supply: N/A
• Total Supply: 146,971,026,383.71
• Market Capitalization: $58,993,058,913.942

Price Analysis:

Dogecoin has been on a steady upward trend in recent weeks, rising from a low of around $0.35 at the end of October. The coin's price has been supported by a surge in trading volume and increased interest from both retail and institutional investors.

The current price action suggests that DOGE is testing key resistance levels at around $0.4. If the coin can break through this resistance, it could continue its upward momentum and potentially reach $0.5 or higher in the near future. However, it is important to note that the cryptocurrency market is volatile, and prices can fluctuate rapidly.

Conclusion:

Dogecoin (DOGE) has experienced significant growth in recent months, attracting the attention of both investors and speculators. While the coin's price has been volatile, the overall trend remains positive, with a potential for further upside in the future. As with all investments, it is essential to conduct thorough research and exercise caution when trading cryptocurrencies.