(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Movement and Market Analysis
As of February 17, 2025, 03:00 UTC, Dogecoin (DOGE) is trading at $0.26504683504622. The 24-hour trading volume stands at $1,046,949,328.2226, indicating significant market activity over the past day.
Price Trend
Over the past 24 hours, Dogecoin's price has experienced a slight decline of -3.51206365%. This downward trend has been observed consistently since February 13th, suggesting a reversal of the positive momentum witnessed earlier in the month.
Supply and Market Cap
The circulating supply of Dogecoin is 148,073,106,383.71, while the maximum supply and total supply remain undisclosed. The current circulating market cap is $39,246,308,202.463, making Dogecoin one of the top cryptocurrencies by market capitalization.
Key Insights
- Dogecoin's price has been fluctuating within a narrow range over the past week, indicating a lack of clear direction.
- The negative price movement in the last 24 hours may be attributed to profit-taking or market corrections.
- The high trading volume suggests continued liquidity and participation in the Dogecoin market.
- Dogecoin's longer-term price trend is influenced by factors such as market sentiment, adoption, and external events.
Disclaimer: The information provided in this analysis is for informational purposes only and should not be construed as investment advice. The cryptocurrency market is highly volatile, and investors should conduct their own due diligence before making any decisions.