(24-hour Dogecoin price trend)
Dogecoin Price Update: Dip Below $0.25
As of February 8, 2025, 07:00 UTC, the current price of Dogecoin (DOGE) stands at $0.24444168923919. Over the past 24 hours, the cryptocurrency has experienced a slight decline of -2.04560325%, indicating a downward trend.
Market Analysis
The 24-hour trading volume for Dogecoin amounts to $2,038,109,172.8406, reflecting significant activity in the cryptocurrency market. Despite the recent dip, the trading volume remains high, suggesting ongoing interest in Dogecoin.
Supply Information
According to the latest data, Dogecoin has a circulating supply of 147,952,546,383.71 units. The maximum supply and total supply are both set at the same value of 147,952,546,383.71 units, indicating that the total number of DOGE in circulation has been reached.
Market Capitalization
The market capitalization of Dogecoin is currently valued at $36,165,770,365.272. This metric represents the total value of all Dogecoin in circulation, and it provides an indication of the overall health and dominance of the cryptocurrency within the market.
Additional Information
Dogecoin, a popular and established cryptocurrency, continues to maintain its position as one of the most widely known and traded digital assets. Its origins as a humorous meme coin have evolved into a viable and valuable investment opportunity for many.
As with any cryptocurrency investment, it's crucial to conduct thorough research and exercise caution before making any financial decisions. The crypto market is highly volatile, and prices can fluctuate rapidly, potentially leading to gains or losses. Consult with financial experts and seek professional advice whenever necessary to make informed decisions about cryptocurrency investments.