(24-hour Dogecoin price trend)
Dogecoin (DOGE): Latest Price Update and Market Analysis
February 17, 2025, 9:00 PM (UTC)
As of February 17, 2025, at 9:00 PM (UTC), the price of Dogecoin (DOGE) stands at $0.26525310891624. The 24-hour trading volume has reached $1,114,504,146.826. Over the past 24 hours, the value of DOGE has experienced a decline of -1.46936081%.
Market Cap and Supply
The circulating supply of DOGE is currently 148,083,386,383.71. It has a maximum supply of 148,083,386,383.71, while the total supply is also reported as 148,083,386,383.71. As a result, the circulating market capitalization of Dogecoin stands at $39,279,578,617.123.
Current Market Sentiment and News
The latest market developments suggest that an increasing number of individuals are embracing memes as a viable investment strategy. This emerging "meme economy" has widened the scope of investment opportunities.
On the other hand, some analysts are speculating on the possibility of a significant correction in the Dogecoin price. They point to the recent death cross pattern in the DOGE technical analysis, suggesting a potential 44% decline.
Furthermore, the Litecoin (LTC) price has witnessed a surge in demand, particularly among LTC whales, fueled by the anticipation of potential Dogecoin and XRP exchange-traded funds (ETFs).