February 02, 2025 at 06:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: February 2, 2025

At the time of writing (February 2, 2025, 05:00 AM), Dogecoin (DOGE) is trading at $0.31225638205924. Its 24-hour trading volume is $1,250,170,394.8428. In the past 24 hours, DOGE has experienced a price decrease of 4.48106904%.

Key Statistics

• Circulating supply: 147,869,966,383.71
• Maximum supply: N/A
• Total supply: 147,869,966,383.71
• Market capitalization: $46,173,340,718.198

Recent Performance

According to the provided information, the price of Dogecoin has been volatile in recent months, mirroring the broader crypto market. While DOGE has experienced significant growth in the past year, its price remains subject to price swings and could potentially fluctuate in the coming weeks.

Market Sentiment and Future Prospects

Market sentiment towards Dogecoin remains positive, despite the recent price decline. Many investors view DOGE as a long-term investment opportunity due to its passionate community and potential utility as a microtransaction currency.

The future prospects of Dogecoin will depend on several factors, including the adoption and integration of the coin by businesses and consumers, technological developments within the Dogecoin ecosystem, and overall market conditions.