(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price and Market Statistics

As of November 17, 2024, 12:00 PM, Dogecoin (DOGE) traded at $0.35064761275517, with a 24-hour trading volume of $811,855,4008.2458. DOGE's price has experienced a decline of 7.44066792% over the past 24 hours.

Key Metrics:

• Circulating Supply: 146,823,426,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 146,823,426,383.71 DOGE
• Market Cap: $51,483,283,957.98

Commentary:

Dogecoin's price has been volatile in recent weeks, following a sharp rise in September. The decline witnessed in the past 24 hours may be attributed to profit-taking and a correction in the broader cryptocurrency market.

Despite the recent price dip, DOGE remains a top-10 cryptocurrency by market capitalization. Its strong community following and potential utility cases continue to drive interest in the coin. Investors should exercise caution and conduct thorough research before making any trading decisions.