15:00 on January 31, 2025

(24-hour Dogecoin price trend)

Dogecoin Price, Volume, and Market Performance (January 31, 2025)

As of 14:00 UTC on January 31, 2025, Dogecoin (DOGE) is priced at $0.32916087011364. The cryptocurrency has recorded a trading volume of $1283615816.9688 over the past 24 hours.

In the last 24 hours, Dogecoin's price has experienced a slight decline of -0.65541492%. This corresponds to a decrease in value against both the US dollar and Bitcoin (BTC).

Current Market Statistics

• Circulating Supply: 147847816383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 147847816383.71 DOGE
• Market Capitalization: $48665715885.262

Analysis and Outlook

Dogecoin's price movements have been relatively stable in recent weeks, with fluctuations largely influenced by market sentiment and the broader cryptocurrency market. The current decline in price could be attributed to profit-taking by traders who purchased DOGE at lower levels.

However, it is important to note that Dogecoin has a devoted community of supporters who continue to believe in its long-term potential. The cryptocurrency's unique characteristics, including its low transaction fees and fast transaction times, make it an attractive option for online payments and remittances.

While short-term price fluctuations are inevitable, analysts remain optimistic about Dogecoin's long-term prospects. Its widespread adoption and vibrant community are seen as key growth drivers for the cryptocurrency in the years to come.