(24-hour Dogecoin price trend)
Dogecoin Price Update: DOGE Dips 7.92%
On February 2, 2025, at 13:00 UTC, Dogecoin (DOGE) was trading at $0.30322466177003, marking a decline of 7.92399766% over the previous 24 hours.
Trading Activity and Market Capitalization
Over the last 24 hours, DOGE recorded a trading volume of $2,122,374,632.8401, indicating substantial trading activity. The coin's market capitalization currently stands at $44,839,084,989.485.
Supply Metrics
The total circulating supply of DOGE is 147,874,136,383.71, and its maximum supply remains undisclosed. The total supply is also recorded as 147,874,136,383.71.
Technical Analysis
Technical analysis indicates that DOGE is currently in a bearish trend with a strong resistance level at $0.33. If DOGE fails to break through this resistance level, it may continue to decline in the short term.
Market Outlook
The crypto market has been experiencing a period of volatility in recent weeks, with several major cryptocurrencies experiencing significant price fluctuations. DOGE's recent price drop is part of this broader market trend.
Analysts will continue to monitor DOGE's price action closely for any signs of a potential reversal or continuation of its bearish trend.