February 02, 2025 at 08:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Key Metrics

As of February 2, 2025, 08:00 UTC, the live Dogecoin (DOGE) price stands at $0.31222015817719. Over the previous 24 hours, a trading volume of $1628313840.6626 has been recorded.

Dogecoin has witnessed a price correction of -5.05884678% within the past day.

Key Metrics:

• Circulating Supply: 147871726383.71
• Maximum Supply: Unlimited
• Total Supply: 147871726383.71
• Market Capitalization: $46168533801.455

Additional Information:

Dogecoin is a decentralized, peer-to-peer digital currency based on the open-source Litecoin (LTC) protocol. It was originally created as a joke in 2013 as a parody of Bitcoin (BTC) but gained popularity due to its low transaction fees and fast processing speeds.

Dogecoin has a large and passionate community of supporters, who frequently refer to the asset as the "Dogecoin army." This community has been instrumental in the coin's success and has helped to drive its price higher.

Dogecoin has also gained significant attention from prominent individuals and businesses. For example, Elon Musk, the CEO of Tesla and SpaceX, has repeatedly expressed support for Dogecoin. This endorsement has further boosted the coin's popularity and has contributed to its price growth.

Despite the impressive price gains, it is important to note that Dogecoin remains a highly volatile asset. Investors should proceed with caution and conduct thorough research before investing in any cryptocurrency.