February 8, 2025 at 00:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges Past $0.25

As of February 8, 2025, 00:00 UTC, Dogecoin (DOGE) stood at $0.25439059578681, marking a 2.08869098% increase in the past 24 hours. Within that timeframe, the trading volume amounted to $2,131,945,698.2866.

Key Metrics:

• Circulating Supply: 147,948,246,383.71 DOGE
• Max Supply: Not applicable
• Total Supply: 147,948,246,383.71 DOGE
• Market Capitalization: $37,636,642,543.164

Recent Price Action:

Over the past 24 hours, Dogecoin has experienced a positive price movement. It opened the day at $0.24863966422019 and reached a high of $0.25511027439936 before settling at its current price.

Market Sentiment:

The overall market sentiment towards Dogecoin remains positive. Investors and traders are showing increased confidence in the cryptocurrency due to its strong community support, low transaction fees, and wide adoption by businesses.

Future Outlook:

Analysts predict that Dogecoin has the potential to continue its upward trajectory in the coming months. Factors supporting this bullish outlook include the growing popularity of meme coins like DOGE, the declining inflation rate, and the Federal Reserve's expected pivot towards a less aggressive monetary policy.

Disclaimer:

This information is provided for educational purposes only and should not be construed as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.