February 19, 2025 at 16:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin Surges by 1.22%, Buoyed by ETF Expectations

Dogecoin (DOGE) has witnessed a notable uptick in its value, rising by 1.22369394% in the past 24 hours. As of February 19, 2025, 4:00 pm UTC, DOGE was trading at a price of $0.25356450342862.

This surge in price comes amidst speculation that Dogecoin could be included in a highly anticipated Bitcoin-based ETF (exchange-traded fund) that is expected to launch later this year. Such an inclusion could drive significant demand for DOGE, potentially leading to further price gains.

According to CoinGecko, the 24-hour trading volume for Dogecoin currently stands at $1,366,940,436.3027. The circulating supply of DOGE is approximately 148,107,856,383.71, while its max supply remains unknown. The total supply is capped at 148,107,856,383.71, resulting in a circulating market cap of $37,554,895,057.812.

Despite the recent surge, experts remain cautious about DOGE's long-term prospects. Some analysts believe that the current price increase may be driven by short-term speculation and may not be sustainable in the long run.

It is worth noting that the cryptocurrency market remains highly volatile, and investors should exercise caution when making trading decisions.