(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of November 15, 2024, at 09:00 UTC, Dogecoin (DOGE) was trading at $0.36971087085315, according to CoinMarketCap data.

24-Hour Trading Volume

The 24-hour trading volume for DOGE has been recorded at $159,326,302,111.365, representing a decrease from the previous day's trading volume.

Price Movement

Over the past 24 hours, Dogecoin's price has experienced a decline of -5.80569783%, indicating a downward trend in its value.

Total Circulation

The current circulating supply of Dogecoin is estimated at 146,794,376,383.71. The cryptocurrency does not have a finite maximum or total supply, meaning that new DOGE can be created indefinitely through mining.

Market Capitalization

Dogecoin's market capitalization currently stands at $54,271,476,729.165, making it the 10th largest cryptocurrency by market cap.

Key Insights

• Dogecoin's price has witnessed a downtrend over the past 24 hours.
• The cryptocurrency's trading volume has also declined, indicating lower market activity.
• DOGE remains one of the largest cryptocurrencies in terms of market capitalization.
• Its unlimited supply and inflationary nature could potentially impact its long-term value.