22:00 on January 31, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of January 31, 2025, 10:00 PM UTC, the current price of Dogecoin (DOGE) is $0.33659483462669 with a 24-hour trading volume of $1,439,436,090.6194. DOGE has seen a 1.03772771% increase in its price over the past 24 hours.

Key Statistics:

• Circulating Supply: 147,852,186,383.71 DOGE
• Maximum Supply: Not applicable
• Total Supply: 147,852,186,383.71 DOGE
• Market Capitalization: $49,766,282,225.018

Market Trends:

Dogecoin has witnessed a steady increase in price over the past several months. The recent rise can be attributed to several factors, including increased investor confidence, market speculation, and the growing popularity of meme coins.

Technical Analysis:

The technical analysis for DOGE shows a bullish trend with support levels at $0.335 and resistance levels at $0.34. The Relative Strength Index (RSI) is above 50, indicating that DOGE is currently in a positive momentum zone.

Conclusion:

Dogecoin remains a popular and volatile cryptocurrency. While it has shown promising growth potential, investors should approach it with caution due to its speculative nature. The market sentiment remains positive, and DOGE is expected to continue its upward trend in the short term.