February 5, 2025 at 22:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Market Update

As of February 5, 2025, 10:00 PM UTC, Dogecoin (DOGE) is trading at $0.26775612609786, with a 24-hour trading volume of $2,654,607,988.5215. The price of Dogecoin has experienced a -0.60228038% decrease in the last 24 hours.

Key Metrics:

• Circulating Supply: 147,920,256,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,920,256,383.71 DOGE
• Market Cap: $39,606,554,820.703

Recent News and Developments:

• Dogecoin community celebrated the launch of the "Doge-1" lunar mission, which is set to carry a CubeSat containing a Dogecoin wallet into space.
• Elon Musk, a prominent supporter of Dogecoin, hinted at the possibility of integrating DOGE as a payment method on Twitter.
• The Dogechain ecosystem continues to expand, with new projects and applications being developed.
• Dogecoin has partnered with several merchants and platforms to facilitate its acceptance as a form of payment.

Market Outlook:

The cryptocurrency market is currently experiencing a sideways trend, with Bitcoin and Ethereum consolidating after a recent uptick. Dogecoin's price has been relatively stable, following the overall market sentiment. Analysts believe that DOGE could continue to trade sideways in the short term.

Long-term, the Dogecoin community remains optimistic about the coin's future. The strong community support, ongoing developments in the Dogechain ecosystem, and potential integration with major platforms could contribute to a positive outlook for DOGE.

Note: Prices and other data may change rapidly in the cryptocurrency market. It is essential to conduct your own research and consult with financial experts before making any investment decisions.