February 20, 2025 at 13:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Surges by 2.6%

At 13:00 (UTC) on February 20, 2025, Dogecoin (DOGE) was trading at $0.25667690796988, witnessing a 2.60761561% increase over the previous 24 hours. Its 24-hour trading volume was recorded at $1015759243.2265.

Key Statistics:

• Current Price: $0.25667690796988
• 24-Hour Price Change: +2.60761561%
• 24-Hour Trading Volume: $1015759243.2265
• Circulating Supply: 148119976383.71
• Maximum Supply: N/A
• Total Supply: 148119976383.71
• Market Cap: $38018977546.741

Impact on the Market:

The surge in Dogecoin's price is notable amidst a recent bullish trend in the cryptocurrency market. The overall market capitalization of cryptocurrencies has increased significantly in recent months, with Bitcoin leading the rally.

Factors Contributing to the Surge:

Several factors may have contributed to Dogecoin's price increase, including:

• Positive sentiment driven by Elon Musk's support for the cryptocurrency
• Increased adoption by businesses and users
• Speculative buying in anticipation of future growth

Conclusion:

Dogecoin's continued price movements will be closely watched by investors and traders. The cryptocurrency's long-term prospects depend on factors such as its technical development, user adoption, and broader market conditions.