(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: November 21, 2024
At 09:00 AM on November 21, 2024, the latest price of Dogecoin (DOGE) was $0.38433343941179. The 24-hour trading volume was $802,946,604,842.8422. Dogecoin's value has increased by -0.84722184% in the past 24 hours.
Key Statistics of Dogecoin
- Circulating Supply: 146,876,036,383.71 DOGE
- Maximum Supply: None
- Total Supply: 146,876,036,383.71 DOGE
- Market Cap: $56,449,372,230.521
Additional Insights
- There is no maximum supply for Dogecoin, meaning that new coins can continue to be created.
- The vast majority of DOGE coins (over 128 billion) are held by a single wallet.
- Dogecoin is often used as a tipping currency on social media platforms.
Conclusion
The price of Dogecoin has shown a positive trend in recent years, despite experiencing volatility. The asset's unique characteristics, including its low price and large community following, continue to attract investors and enthusiasts alike. While the future of any cryptocurrency is uncertain, Dogecoin's popularity suggests that it is likely to remain a relevant force in the digital currency market for the foreseeable future.