February 9, 2025 at 04:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Uptrend Continues with 1.41% Surge

As of February 9, 2025, 4:00 AM, the live price of Dogecoin (DOGE) stands at $0.25209161262372. The 24-hour trading volume for DOGE has been recorded at $1214962029.6449, indicating a surge in trading activity.

Over the past 24 hours, the price of Dogecoin has experienced a notable increase of 1.41240426%. This positive trend suggests that the coin's value is gaining momentum in the cryptocurrency market.

Dogecoin Metrics

• Circulating Supply: 147964446383.71
• Maximum Supply: Not applicable
• Total Supply: 147964446383.71
• Market Cap: $37300595899.845

Market Analysis

The recent surge in Dogecoin's price is attributed to several factors. Firstly, the coin has benefited from the positive sentiment surrounding cryptocurrency markets overall, with investors showing renewed interest in digital assets. Secondly, Dogecoin's reputation as a "fun" and "meme-driven" currency has attracted a large and loyal community, which has contributed to its price growth.

Technical Indicators

Dogecoin's technical indicators suggest that the coin is maintaining an uptrend. The Relative Strength Index (RSI) is above 50, indicating bullish sentiment. Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a positive divergence, which further supports the bullish outlook.

Conclusion

The recent price increase for Dogecoin is a testament to the growing demand for the coin in the cryptocurrency market. While the price of DOGE is still subject to volatility, the positive technical indicators and strong community support suggest that the coin has the potential to continue its upward trajectory in the future. Investors looking to gain exposure to the cryptocurrency space may want to consider adding Dogecoin to their portfolios.