
(24-hour Dogecoin price trend)
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Dogecoin (DOGE) Price Update: June 23, 2024, 16:00
As of June 23, 2024, at 16:00, Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at approximately $0.15335118652508. The digital asset has seen significant trading activity over the past 24 hours, with a reported trading volume of $1,755,851,083.1388.
While the cryptocurrency market can be volatile, Dogecoin has experienced a slight downturn in the last day. Data indicates that the price of DOGE has decreased by -1.89046047% over the past 24 hours.
Currently, the circulating supply of Dogecoin stands at 149,803,056,383.71 DOGE. Interestingly, the total supply of Dogecoin mirrors the circulating supply, also at 149,803,056,383.71 DOGE. Unlike some cryptocurrencies with a capped maximum supply, Dogecoin has no such limit, meaning new coins can continue to be mined.
This large circulating supply contributes to a current market capitalization of $22,972,476,441.524 for Dogecoin. Market capitalization, calculated by multiplying the circulating supply by the current price, is a key metric used to gauge the overall size and relative importance of a cryptocurrency.
Dogecoin's origins as a lighthearted internet meme have not prevented it from becoming a significant player in the cryptocurrency space. Its vibrant community and endorsements from high-profile figures have contributed to its widespread adoption and trading volume. While the price fluctuations in the last 24 hours highlight the inherent risks of cryptocurrency investment, Dogecoin continues to maintain a strong presence in the market.
Key Takeaways:
- Current Price: $0.15335118652508
- 24-Hour Trading Volume: $1,755,851,083.1388
- 24-Hour Price Change: -1.89046047%
- Circulating Supply: 149,803,056,383.71 DOGE
- Total Supply: 149,803,056,383.71 DOGE
- Market Capitalization: $22,972,476,441.524
Disclaimer: This information is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are inherently risky, and you should conduct your own research before making any investment decisions.
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