February 03, 2025 at 05:00 Dogecoin's latest price

(24-hour Dogecoin price trend)

Dogecoin Price Update: Drop in Value, Current Market Position

As of February 3, 2025, at 5:00 AM, the price of Dogecoin (DOGE) stands at $0.26695806390579. The 24-hour trading volume for DOGE is $5076947806.0419, indicating a notable amount of activity in the cryptocurrency market.

However, it is important to note that the price of Dogecoin has experienced a significant decrease of -14.50677096% over the past 24 hours. This dip in value may be attributed to fluctuations in the overall cryptocurrency market, as well as specific news or events related to Dogecoin itself.

In terms of supply, the current circulating supply of Dogecoin is 147883486383.71, indicating that this amount of DOGE is currently available in the market. However, Dogecoin does not have a maximum supply or a total supply, meaning that new DOGE can be continuously generated.

The current market capitalization of Dogecoin stands at $39478689208.632, reflecting the total value of all DOGE in circulation. This figure indicates that Dogecoin holds a significant position in the cryptocurrency market relative to other digital assets.

Overall, the recent price drop in Dogecoin highlights the volatility inherent in the cryptocurrency market. Investors and traders should conduct thorough research and exercise caution when making decisions related to Dogecoin or any other cryptocurrency.