(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Prediction: Latest Updates on DOGE
As of February 2, 2025, 5:00 PM UTC, the latest price of Dogecoin (DOGE) stands at $0.30183574672944. The 24-hour trading volume for DOGE is $2,359,097,774.149, reflecting a significant market movement.
The price of Dogecoin has witnessed a decline of -5.96551693% over the past 24 hours, indicating a downward trend. This price fluctuation underscores the volatility that is characteristic of the cryptocurrency market.
Technical Analysis of Dogecoin (DOGE)
A review of the technical indicators for Dogecoin highlights its current market position:
- VWAP (Volume-Weighted Average Price): $0.3038
- MACD (Moving Average Convergence Divergence): Downward movement, indicating a potential bear trend
- RSI (Relative Strength Index): Below 50, suggesting oversold conditions
Market Data for Dogecoin (DOGE)
- Circulating Supply: 147,876,676,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 147,876,676,383.71 DOGE
- Market Capitalization: $44,634,467,040.143
Recent News and Developments for Dogecoin
- Elon Musk's Support: The founder of Tesla and SpaceX has been a vocal advocate for Dogecoin, frequently tweeting and discussing the cryptocurrency on Twitter.
- Robinhood Listing: In 2022, the popular trading platform Robinhood listed Dogecoin, making it accessible to a wider audience of investors.
- Dogecoin Foundation: The Dogecoin Foundation was established in 2021 to promote the development and adoption of Dogecoin.
Disclaimer:
The information provided in this article is for general knowledge purposes only and should not be construed as financial advice. Cryptocurrency investments are subject to significant risks, and investors should conduct thorough research and seek professional guidance before making any investment decisions.