Dogecoin (DOGE) Price Drops 3.86% in 24 Hours
Dogecoin (DOGE) is experiencing a bit of a dip, falling 3.86% in the past 24 hours, bringing the price down to $0.09. This follows a negative trend throughout the week, with a 4.0% loss from $0.10.
The chart below shows the volatility of the price over the past 24 hours and the past week.
While the price is down, the trading volume has actually increased by 11.0% over the past week, which could indicate some potential for a rebound. However, the circulating supply of DOGE has decreased slightly by 0.47%, bringing it to 145.83 billion. This drop in circulating supply could be contributing to the price decline.
Dogecoin remains the ninth-largest cryptocurrency by market cap, with a current valuation of $13.74 billion.
To learn more about Dogecoin, visit the official website: https://dogecoin.com/