February 10, 2025 at 08:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Slight Decline Amidst Market Volatility

As of February 10, 2025, 08:00 UTC, Dogecoin (DOGE) was trading at $0.25170975524192, experiencing a 24-hour trading volume of $1,289,540,364.8525. Despite recent market volatility, DOGE's price has remained relatively stable, with a slight decline of -0.60231784% in the past 24 hours.

Key Metrics

• Circulating Supply: 147,980,586,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,980,586,383.71 DOGE
• Market Cap: $37,248,157,179.199

Market Sentiment and Outlook

DOGE has been closely following the broader cryptocurrency market trend, which has experienced a period of consolidation and slight declines in recent days. The crypto market remains volatile, and movements in Bitcoin's price continue to have a significant impact on altcoins.

Technical analysts have observed that DOGE's price has found support around the $0.25 level. If it can hold above this level, it could potentially recover some of its recent losses. However, if it falls below this support, it could face further downside pressure.

Conclusion

Dogecoin has shown resilience amidst recent market fluctuations. While it has experienced a slight decline in price, its overall value remains within a narrow range. The market outlook for DOGE remains uncertain, as it is heavily influenced by Bitcoin's price movements. Investors should monitor the broader cryptocurrency market sentiment and technical indicators to make informed trading decisions related to DOGE.