(24-hour Dogecoin price trend)
Dogecoin: Market Performance and Key Metrics
As of January 31, 2025, 8:00 AM, Dogecoin (DOGE) is trading at $0.33200978270457. The 24-hour trading volume for DOGE stands at $1347866568.3534, indicating a significant amount of trading activity.
In the last 24 hours, the price of Dogecoin has experienced an increase of 1.69959364%, reflecting a positive trend in market sentiment. The current price movement suggests that buyers are gaining momentum.
Key Metrics:
- Circulating Supply: 147,844,436,383.71
- Maximum Supply: N/A
- Total Supply: 147,844,436,383.71
- Market Capitalization: $49,085,799,197.833
Additional Information:
Dogecoin, introduced in 2013, has become a popular cryptocurrency due to its playful nature, low price point, and strong community support. It has seen significant price fluctuations in the past, with its value highly influenced by social media sentiment and endorsements from prominent figures.
Despite its initial creation as a "joke" cryptocurrency, Dogecoin has attracted a dedicated following and has established itself as a legitimate digital asset. Its low transaction fees and fast transaction times make it an attractive option for small payments and tipping.
While the future of Dogecoin remains uncertain, its market performance and growing adoption indicate potential for further price appreciation in the coming years. Investors should conduct thorough research and exercise caution before making any investment decisions.