(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis for February 5, 2025 at 7 PM UTC
As of 7 PM UTC on February 5, 2025, Dogecoin (DOGE) is trading at $0.26715268061596. Over the past 24 hours, the trading volume for DOGE has been $2908199130.8967, marking a decline of -1.27412583%.
Key Tokenomics
- Circulating Supply: 147918546383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 147918546383.71 DOGE
- Market Capitalization: $39516836179.223
Historical Performance
In the last 24 hours, the price of Dogecoin has fluctuated within a range of $0.26517102461012 to $0.27029953575132. Over the past week, DOGE has experienced a price change of -2.46421089%, indicating a slight downward trend.
Market Sentiment
Overall, the short-term sentiment for Dogecoin is slightly negative, as reflected by the recent price drop. However, the long-term outlook for DOGE remains bullish, given the strong community support and the ongoing developments within the Dogecoin ecosystem.
Conclusion
Dogecoin continues to be a popular cryptocurrency among investors and enthusiasts. While the price has experienced some volatility in recent days, the overall trend remains positive. The strong fundamentals and the growing adoption of DOGE suggest that it has the potential for further appreciation in the future.