February 25, 2025 at 18:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis for February 25, 2025

At 6:00 PM EST on February 25, 2025, the price of Dogecoin (DOGE) stood at $0.19678149461039, reflecting a decrease of -14.06633405% over the previous 24 hours. The 24-hour trading volume for DOGE reached $3104048470.2638.

Key Market Statistics

• Price: $0.19678149461039
• Change (24h): -14.06633405%
• Trading Volume (24h): $3104048470.2638
• Circulating Supply: 148191246383.71 DOGE
• Max Supply: None
• Total Supply: 148191246383.71 DOGE
• Market Cap: $29161294951.562

Analysis

Dogecoin experienced a significant decline in value over the past 24 hours, wiping out previous gains. The sudden downturn in price could be attributed to a combination of factors, including market volatility and potential selling pressure from investors.

Despite the short-term price decline, Dogecoin remains one of the most popular and widely traded cryptocurrencies. Its strong community support and potential for future adoption continue to attract investors.

Conclusion

The cryptocurrency market is known for its volatility, and Dogecoin's price fluctuations are not uncommon. While the recent downturn in price may be concerning to some investors, it is important to remember that the long-term prospects of Dogecoin remain strong.