(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of February 18, 2025, at 07:00 UTC, the live Dogecoin (DOGE) price is $0.25848972843815. The 24-hour trading volume of DOGE is $1,371,367,233.4854.
Key Statistics:
- Current Price: $0.25848972843815
- 24-Hour Trading Volume: $1,371,367,233.4854
- Price Change (24h): -2.80548896%
- Circulating Supply: 148,089,076,383.71
- Max Supply: N/A
- Total Supply: 148,089,076,383.71
- Market Capitalization: $38,279,505,139.08
Market Trends:
Over the past 24 hours, the price of DOGE has seen a slight decline of 2.80548896%. This follows a trend of downward movement in the cryptocurrency market, with many coins experiencing price drops in recent days. Despite this, DOGE remains among the top-performing digital assets in terms of market capitalization.
Dogecoin Supply Dynamics:
The circulating supply of DOGE is currently 148,089,076,383.71. There is no official data on the maximum supply or total supply of DOGE. The coin's monetary policy is typically controlled by the community through a process known as "dogespike."
Technical Analysis:
Technical analysis of DOGE charts suggests that the coin has recently crossed above its 200-day moving average, indicating potential bullish momentum. However, the coin is still facing resistance at around $0.26, and a sustained breakout above this level is needed for a more positive outlook.
Conclusion:
The short-term outlook for DOGE remains cautious, with the recent price decline and downward market trend. However, the long-term prospects for the coin remain favorable, as it maintains a strong community and continues to receive support from various exchanges and platforms. Investors should monitor market developments and do their own research before making any trading decisions.