(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Update: Bullish Momentum Continues
February 9, 2025 | 8:00 AM
Dogecoin (DOGE), the popular meme-based cryptocurrency, has continued its recent positive price trajectory, registering a 1.53211465% surge in the past 24 hours. As of 8:00 AM today, February 9, 2025, DOGE is trading at $0.25326115696543.
The bullish momentum for DOGE has been fueled by several factors, including:
- Increased community adoption: The Dogecoin community has grown significantly, with a wider range of individuals and businesses accepting DOGE as a form of payment.
- Listing on major exchanges: DOGE is now listed on several major cryptocurrency exchanges, including Binance, Coinbase, and Kraken, which has enhanced its liquidity and accessibility.
- Influencer support: Well-known influencers and celebrities, such as Elon Musk, have publicly endorsed DOGE, which has further fueled interest in the digital currency.
The 24-hour trading volume for DOGE stands at $952349561.04222, indicating strong market activity. The circulating supply of DOGE remains at 147967016383.71, representing approximately 100% of the total supply. The market capitalization of DOGE currently sits at $37474297762.059.
Overall, the positive price action of DOGE reflects the growing popularity and acceptance of the cryptocurrency within the crypto community and beyond. Investors should note, however, that the cryptocurrency market is still subject to volatility, and it is crucial to conduct thorough research before making any investment decisions.