February 16, 2025 at 22:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Feb. 16, 2025

As of 10:00 PM UTC on February 16, 2025, the live price of Dogecoin (DOGE) is $0.26582972928037. Over the past 24 hours, DOGE has experienced a decline of -3.17867386%.

Key Metrics:

• 24-Hour Trading Volume: $114,418,259,340.39
• Circulating Supply: 148,070,226,383.71
• Maximum Supply: N/A
• Total Supply: 148,070,226,383.71
• Market Cap: $39,361,468,194.063

Price Chart:

The daily price chart for DOGE shows a downward trend over the past 24 hours. The coin opened the day at $0.2745 and has since declined to its current price of $0.2658.

Key Developments and News:

• Tesla Accepts DOGE for Merchandise: In a major boost for Dogecoin, Tesla announced on February 10th, 2025, that it would begin accepting DOGE for the purchase of merchandise on its online store. This move could further legitimize DOGE and drive adoption among mainstream consumers.
• Robinhood Integrates DOGE: Popular cryptocurrency trading platform Robinhood announced on February 15th, 2025, that it would be adding support for DOGE. This will make DOGE accessible to a wider audience and could contribute to increased trading volume.

Conclusion:

Dogecoin (DOGE) has experienced a slight decline in price over the past 24 hours. However, the coin remains supported by a strong community and has benefited from positive recent developments such as Tesla's acceptance of DOGE and Robinhood's integration. Investors should monitor the coin's price closely in the coming days and consider its potential for both short-term and long-term investments.