(24-hour Dogecoin price trend)

Dogecoin (DOGE) Stays afloat in Crypto Market

As of November 8, 2024, 12:00 PM, Dogecoin (DOGE) is priced at $0.19460003941622. The 24-hour trading volume for DOGE stands at $3727197871.1324.

Market Analysis

In the past 24 hours, the price of DOGE has experienced a slight decline of -0.60478027%. This modest drop has moderated any significant price fluctuations.

Supply and Market Cap

According to CoinMarketCap, Bitcoin's current circulating supply is estimated at 146700436383.71. Dogecoin has a maximum supply, total supply, and circulating supply of 146700436383.71.

The market capitalization of DOGE is currently valued at $28547910702.646. This figure represents the total value of all DOGE coins in circulation.

Outlook

Despite the recent price drop, the overall crypto market sentiment remains cautiously optimistic. Dogecoin, known for its meme-inspired origins and loyal community, has demonstrated resilience in the face of wider market volatility.

Investors are closely monitoring the DOGE price action and seeking opportunities for potential growth. As the cryptocurrency market evolves, DOGE's utility beyond its initial purpose as a fun digital currency may continue to play a role in sustaining its value in the long run.