Dogecoin Price Today

Real-Time Quote and Market Performance

As of [current date and time], the live Dogecoin price is $0.167350 USD, with a 24-hour trading volume of $3,358,103,815 USD. The recent price action in Dogecoin has left the token's market capitalization at $22.97 billion USD, with a 24-hour trading volume of $222 billion USD.

Current Dogecoin Price: $0.15904

Over the past 24 hours, the Dogecoin price has experienced a slight decrease of -4.32%. This price change represents a 2.24% increase over the past 24 hours.

Dogecoin Market Overview

Dogecoin is currently ranked as the 10th largest cryptocurrency by market capitalization. The token has a total supply of 129 billion DOGE, of which approximately 113 billion are currently in circulation. Dogecoin is primarily used as a payment method for online goods and services, as well as for tipping content creators on social media platforms.

Historical Performance and Future Outlook

Dogecoin has experienced significant price volatility over the past year. The token reached an all-time high of $0.7376 USD in May 2021, following a surge in popularity driven by social media hype. However, the price of Dogecoin has since declined significantly, and it is currently trading at a fraction of its all-time high.

The future outlook for Dogecoin is uncertain. Some analysts believe that the token has the potential to regain its former glory, while others believe that the token is overvalued and will continue to decline in price.