February 14, 2025 at 01:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of February 14, 2025, 01:00 UTC

Current Price: $0.25582388536838

24-Hour Trading Volume: $1,588,495,548.2823

Price Change in the Last 24 Hours: -1.21995249%

Supply Information:

• Circulating Supply: 148,031,026,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 148,031,026,383.71 DOGE

Market Capitalization: $37,869,872,324.548

Recent Developments and Analysis:

Dogecoin's price has experienced a slight decline in the past 24 hours, dipping by roughly 1.2%. The decline in price could be attributed to overall market volatility and recent news that Tesla has halted Bitcoin payments for its electric vehicles.

Despite the recent dip, Dogecoin has shown a remarkable upward trend in recent weeks, with its price surging by over 100% in the past few months. The surge in price is largely fueled by community enthusiasm and retail investor interest.

Dogecoin remains one of the most popular meme coins in the cryptocurrency market, with a large and devoted following. Its potential for future growth remains high, considering its association with influential figures such as Elon Musk.

However, it's important to note that Dogecoin lacks the fundamental value and utility of many other established cryptocurrencies. Its value is largely speculative, and it remains sensitive to market sentiment and external factors.

As with all investments, it's advisable to conduct thorough research and exercise caution before making any decisions regarding Dogecoin or any other cryptocurrency.