
(24-hour Dogecoin price trend)
Okay, here's an English article summarizing the provided Dogecoin (DOGE) information as of June 21, 2024, at 21:00 (9 PM). I've added some context and framing to make it more readable.
Dogecoin (DOGE) Price Update: June 21, 2024
As of June 21, 2024, at 21:00 (9 PM), Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at $0.16222714266947. While still a prominent player in the crypto market, DOGE has experienced a downturn in the last 24 hours.
Key Metrics at a Glance:
- Current Price: $0.16222714266947
- 24-Hour Trading Volume: $893,174,287.81
- 24-Hour Price Change: -5.52130369% (Down)
- Circulating Supply: 149,778,236,383.71 DOGE
- Maximum Supply: Not Specified
- Total Supply: 149,778,236,383.71 DOGE
- Circulating Market Cap: $24,298,095,322.60
Analysis:
The data indicates a significant trading volume for Dogecoin, suggesting continued interest and activity in the market. However, the 5.52% decrease in price over the past 24 hours is a notable development. This downward trend could be attributed to various factors, including broader market corrections affecting cryptocurrencies in general, profit-taking by investors, or specific news and sentiment related to Dogecoin itself.
The circulating supply of DOGE is substantial, at nearly 150 billion coins. The absence of a specified maximum supply is a characteristic feature of Dogecoin, distinguishing it from cryptocurrencies like Bitcoin, which have a capped supply. This infinite supply has been a topic of discussion among investors, with some viewing it as a potential factor influencing long-term price appreciation.
With a circulating market capitalization of over $24 billion, Dogecoin remains a significant cryptocurrency by market value, consistently ranking among the top digital assets.
Disclaimer: Cryptocurrency investments are inherently risky. Price fluctuations can be significant and rapid. This information is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
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