18:00 on January 28, 2025, the latest price of Dogecoin

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: Surge of 5.958% in 24 Hours

As of January 28, 2025, 5:00 PM EST, the current price of Dogecoin (DOGE) stands at $0.3336745476667. With a remarkable 5.95823849% increase in the past 24 hours, DOGE has shown a positive trend in the cryptocurrency market.

Key Market Statistics

• 24-Hour Trading Volume: $2743132174.0468
• Circulating Supply: 147808636383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147808636383.71 DOGE
• Market Cap: $49319979886.565

Performance Analysis

Over the past 24 hours, Dogecoin has experienced a significant surge in value. The coin has risen by 5.95823849%, indicating a strong buying sentiment among investors. This increase may be attributed to a combination of factors, including positive news or developments surrounding the cryptocurrency.

Current Market Context

Bitcoin, the leading cryptocurrency, currently has a market cap of $49319979886.565, while Dogecoin holds a market share of approximately 1%. The overall cryptocurrency market has shown signs of recovery in recent months, with many coins experiencing upward momentum.

Conclusion

Dogecoin's impressive 5.95823849% gain in the past 24 hours reflects the growing interest and adoption of the cryptocurrency. As the market continues to evolve, it remains to be seen whether DOGE can sustain this positive trend and establish itself as a major player in the digital asset landscape.