(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

At 7:00 PM EST on November 24, 2024, Dogecoin (DOGE) was priced at $0.42181687540895. Over the previous 24 hours, it had witnessed a trading volume of $14,356,224,726.054.

Price Movement

The price of Dogecoin has taken a hit in the last day, with a 10.91281974% decrease. This drop has been driven by several factors, including profit-taking by investors and concerns over the regulatory landscape for cryptocurrencies.

Market Cap and Supply

The current circulating supply of Dogecoin stands at 146,923,126,383.71, with a maximum supply of N/A and a total supply of 146,923,126,383.71. This gives Dogecoin a circulating market cap of $61,974,654,096.488.

Related Inquiries

• What is Dogecoin? Dogecoin is a decentralized, peer-to-peer digital currency that was created in 2013 as a humorous spin-off of Bitcoin. It features a Shiba Inu dog as its mascot and has gained popularity as a social media currency and investment asset.
• Why has Dogecoin's price fallen? The recent drop in Dogecoin's price can be attributed to several factors, including investor profit-taking, regulatory concerns, and a general decline in the broader cryptocurrency market.
• What is the future of Dogecoin? The future of Dogecoin is uncertain, but it remains a popular cryptocurrency among retail investors and proponents of decentralized finance. Its long-term adoption and price performance will depend on factors such as its regulatory environment, acceptance by merchants, and the overall health of the cryptocurrency market.