(24-hour Dogecoin price trend)
Dogecoin Price Analysis: DOGE Dips Over 2%
As of February 17, 2025, 9 AM UTC, Dogecoin (DOGE) was trading at $0.26661741584631, representing a decline of approximately -2.06419159% over the last 24 hours. The 24-hour trading volume for DOGE stood at $963,886,543.47633.
Key Metrics
- Current Price: $0.26661741584631
- 24-Hour Change: -2.06419159%
- 24-Hour Trading Volume: $963,886,543.47633
- Circulating Supply: 148,076,576,383.71
- Max Supply: N/A
- Total Supply: 148,076,576,383.71
- Market Capitalization: $39,479,794,142.792
Market Conditions
Dogecoin's price movement over the past 24 hours has been predominantly negative. The decline aligns with the broader market trend, with other major cryptocurrencies, such as Bitcoin, also experiencing price dips.
Supply Dynamics
The circulating supply of Dogecoin remains relatively stable. The maximum supply and total supply data are currently unavailable.
Conclusion
Dogecoin's price decline of over 2% suggests that the broader market downturn is having an impact on its value. However, it is important to note that Dogecoin has a loyal following and has demonstrated resilience in the past. The long-term prospects for DOGE will depend on both market conditions and any significant developments or partnerships for the project.