February 24, 2025 at 08:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Market Overview

As of February 24, 2025, 08:00 AM UTC, Dogecoin (DOGE) is trading at $0.24357962371714. Over the past 24 hours, the cryptocurrency has witnessed a decline of -1.1315148%. The trading volume for the same period stands at $713453787.95216.

Key Market Statistics

• Circulating Supply: 148171726383.71
• Maximum Supply: N/A
• Total Supply: 148171726383.71
• Market Cap: $36091613358.062

Market Performance

In the past 24 hours, Dogecoin's price has experienced a moderate decline. The price movement suggests a slight bearish sentiment among traders. However, it is important to note that DOGE has exhibited significant volatility in the past, so a price reversal cannot be ruled out.

Investment Considerations

Investors considering investing in Dogecoin should conduct thorough research into the project's fundamentals, community size, and market adoption. As with all cryptocurrencies, DOGE is subject to high market volatility and carries substantial investment risk.

Conclusion

Dogecoin remains one of the most popular cryptocurrencies in the market. Its low price, high liquidity, and strong community support make it an attractive investment for many. However, as with any investment, potential investors should exercise due diligence and understand the risks involved.