00:00 on February 01, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Surges with Impressive Gains

As of February 1st, 2025 at 00:00 UTC, Dogecoin (DOGE) witnessed a significant increase in its value. The current price of DOGE stands at $0.34035806769334, marking a substantial surge in the past 24 hours.

The daily trading volume for Dogecoin has reached $1517400276.8266, indicating substantial trading activity. The altcoin's upward momentum is evident in its price gain of 0.90692783% over the previous 24-hour period.

Key Statistics:

• Circulating Supply: 147,853,016,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,853,016,383.71 DOGE
• Market Cap: $50,322,966,958.99

Market Performance:

Dogecoin's price surge is attributed to several factors, including increased demand and investor optimism. The broader cryptocurrency market is also experiencing a positive trend, contributing to the overall bullish sentiment.

Outlook:

Analysts believe that Dogecoin's positive momentum could continue in the short term. However, it is important to exercise caution as the cryptocurrency market is known for its volatility. Investors are advised to conduct thorough research and consider their risk tolerance before making any investment decisions.

Additional Information:

• Dogecoin was created as a joke in 2013 but has gained significant popularity in recent years.
• It is a decentralized, peer-to-peer digital currency that uses the Scrypt algorithm.
• Dogecoin has a passionate community of supporters who actively promote its adoption and development.