February 6, 2025 at 01:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of February 6, 2025, 01:00 UTC, the latest price of Dogecoin (DOGE) is $0.25841593455485, with a 24-hour trading volume of $2,357,566,128.7549. DOGE has experienced a price decline of -4.13408248% over the past 24 hours.

Key Metrics

• Current Price: $0.25841593455485
• 24-Hour Trading Volume: $2,357,566,128.7549
• Price Change (24 hours): -4.13408248%
• Circulating Supply: 147,921,996,383.71
• Maximum Supply: Unlimited
• Total Supply: 147,921,996,383.71
• Market Cap: $38,225,400,936.714

Market Sentiment

The recent price action for DOGE suggests a bearish sentiment among traders. The asset has witnessed a significant decline in value over the past day, with selling pressure outweighing buying interest. However, it is worth noting that the market for cryptocurrencies remains highly volatile and can experience rapid fluctuations in price.

Trading Activity

The current trading volume for DOGE indicates a high level of activity in the market. Traders are actively exchanging their DOGE holdings, contributing to the overall price dynamics of the asset. It is important to exercise caution when making trading decisions during periods of high volatility.

Investment Considerations

Investors should carefully consider their risk tolerance before investing in DOGE or any other cryptocurrency. The market for cryptocurrencies is still relatively immature and can be subject to unpredictable price movements. It is advisable to conduct thorough research and consult financial experts before making any investment decisions.