2025年02月07日 04时Dogecoin最新价格

(24-hour Dogecoin price trend)

Latest Updates on Dogecoin: February 7, 2025

As of 04:00 AM UTC on February 7, 2025, the price of Dogecoin (DOGE) stood at $0.2464477927662, with a 24-hour trading volume of $1,830,721,535.5408.

Recent Price Performance

Dogecoin's price has declined by approximately 4.98336316% over the past 24 hours, a significant drop from its recent gains. This price movement aligns with the broader cryptocurrency market, which has been experiencing a correction in recent days.

Supply Dynamics

Currently, the circulating supply of Dogecoin stands at 147,937,286,383.71, which is slightly lower than its maximal supply and total supply, both of which remain unchanged.

Market Capitalization

With its current price and circulating supply, Dogecoin has a market capitalization of approximately $36,458,817,697.085. This market capitalization places Dogecoin among the top cryptocurrencies by market capitalization.

Factors Affecting Price

The price of Dogecoin is influenced by a variety of factors, including speculation, market sentiment, cryptocurrency adoption, and the overall performance of the broader cryptocurrency market. In recent weeks, Dogecoin has benefited from increased social media buzz and speculation surrounding its potential use as an alternative payment method. However, the recent market correction has weighed on its price performance.

Future Outlook

The future outlook of Dogecoin is uncertain, as it depends on a number of factors, including macroeconomic conditions, regulatory developments, and technological advancements. Some analysts believe that Dogecoin may continue to garner popularity as a speculative asset, while others remain cautious about its long-term prospects.