(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: Dip Below $0.33 Levels
As of January 27, 2025, 11:00 AM, the price of Dogecoin (DOGE) stands at $0.32896056194587. Within the last 24 hours, the trading volume amounted to $1970055772.6955, indicating a substantial level of market activity.
Market Trends
Over the past 24 hours, DOGE has experienced a decline of -7.42807362%. This downward trend suggests that investors may be cautious in their approach toward the cryptocurrency.
Circulating Supply and Maximum Supply
The circulating supply of Dogecoin is 147791486383.71, an indicator of the number of coins currently in circulation. It is worth noting that there is no maximum supply for DOGE, meaning that an unlimited number of coins can potentially be created.
Total Supply and Market Cap
The total supply of Dogecoin is also 147791486383.71. Market capitalization, a measure of the total value of a cryptocurrency in circulation, stands at $48617570411.599.
Related News
The recent trend of negative price action for DOGE can be attributed to a combination of factors, including:
- Growing concerns over the cryptocurrency market's overall health
- Potential regulatory actions against digital assets
- Lack of significant adoption and use cases for Dogecoin
Investors should be aware of these developments and conduct thorough research before making any investment decisions involving DOGE.