At 19:00 on February 03, 2025

(24-hour Dogecoin price trend)

Dogecoin Continues to Lose Value, Falling 14.07% in 24 Hours

February 3, 2025

As of 19:00 UTC, Dogecoin (DOGE) is trading at $0.25607859795709, down 14.07783295% in the past 24 hours. The 24-hour trading volume for DOGE stands at $109,889,908,886.761.

Key Metrics:

• Circulating supply: 147,891,226,383.71 DOGE
• Maximum supply: N/A
• Total supply: 147,891,226,383.71 DOGE
• Market capitalization: $37,871,777,902.494

Recent Price Activity:

DOGE has experienced a significant drop in price in the past 24 hours, losing over 14%. This decline is likely due to a combination of factors, including:

• The overall bearish trend in the cryptocurrency market, with Bitcoin and other major cryptocurrencies also facing losses.
• Concerns about the lack of fundamental value backing DOGE compared to other cryptocurrencies.
• Negative sentiment surrounding DOGE's recent pump-and-dump schemes.

Outlook:

It remains to be seen whether DOGE will be able to recover from its recent losses. The cryptocurrency has faced a series of setbacks in the past, including regulatory scrutiny and declining user interest. However, it is still one of the most well-known and widely traded cryptocurrencies, and could potentially see a resurgence in the future.