February 16, 2025 at 14:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Current Price and Market Performance

At 2:00 PM UTC on February 16, 2025, the price of Dogecoin (DOGE) stands at $0.27155194835945. The 24-hour trading volume for DOGE is $1,312,695,815.4004.

Recent Price Fluctuation:

Over the past 24 hours, the price of Dogecoin has experienced a decline of -1.92042035%. This decline has moderated the coin's recent upward trend.

Circulating Supply and Market Metrics:

The circulating supply of Dogecoin is approximately 148,066,136,383.71 DOGE. The maximum supply and total supply of DOGE are yet to be determined.

The current market valuation of Dogecoin's circulating supply is $40,207,647,821.051. This market cap represents approximately 0.5% of the total cryptocurrency market capitalization.

Bitcoin and Dogecoin Correlation:

Dogecoin's price movement has historically been influenced by the fluctuations in Bitcoin's price. However, as the cryptocurrency market matures, this correlation has weakened.

Market Outlook:

Analysts remain cautiously optimistic about the future of Dogecoin. The coin's active community, meme-based popularity, and ongoing technological developments could contribute to its continued adoption and price appreciation.

It is important to note that the cryptocurrency market is highly volatile. Accordingly, investors should exercise caution and conduct thorough research before making any investment decisions.