16:00 on January 28, 2025

(24-hour Dogecoin price trend)

Dogecoin Market Movement

At 4 PM on January 28, 2025, the latest price of Dogecoin (DOGE) stood at $0.33530919389042. The 24-hour trading volume reached $295,636,2374.1404. Over the past 24 hours, Dogecoin's price witnessed a significant increase of 7.184272%.

Key Metrics:

• Circulating Supply: 147,807,806,383.71
• Maximum Supply: Not specified
• Total Supply: 147,807,806,383.71
• Market Cap: $49,561,316,409.231

Analysis:

The cryptocurrency market has been experiencing a period of volatility in recent days. Dogecoin, a popular meme-based cryptocurrency, has not been immune to these fluctuations. Despite the recent surge in price, it is still significantly below its all-time high of over $0.70.

Traders and investors will be closely monitoring Dogecoin's performance in the coming days to gauge whether the current uptrend continues or if it faces a correction. The broader market sentiment and overall macroeconomic conditions will also play a role in determining the direction of Dogecoin's price.

Disclaimer:

Cryptocurrencies are highly volatile and speculative investments. Investors should conduct thorough research and understand the risks involved before making any decisions.