22:00 on February 02, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update: February 2, 2025

As of February 2, 2025, 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.29852850793254. The 24-hour trading volume stands at $2838767919.3161, indicating significant activity within the market.

Over the past 24 hours, DOGE has experienced a price change of -7.50481175%. This downturn follows a recent surge in value, suggesting potential market volatility.

Key Metrics:

• Circulating Supply: 147879286383.71
• Maximum Supply: N/A
• Total Supply: 147879286383.71
• Market Capitalization: $44146182718.257

Market Analysis:

The recent price decline of DOGE can be attributed to several factors. One potential reason is the overall market correction witnessed in the cryptocurrency space. Bitcoin, the largest cryptocurrency by market capitalization, has also experienced a slight dip in value. This broader market trend may have impacted DOGE's performance.

Moreover, DOGE's price can be influenced by community sentiment and social media buzz. Recent developments or news surrounding the project may have contributed to the current price movement.

It is important to note that cryptocurrency markets are highly volatile and subject to constant fluctuations. Investors are advised to conduct thorough research and exercise caution when making any investment decisions.