(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of January 17, 2025 at 12:00 AM UTC
- Current Price: $0.37974995491594
- 24-Hour Trading Volume: $4,068,076,116.8361
- Price Change in Last 24 Hours: +2.01806278%
Key Statistics
- Circulating Supply: 147,648,636,383.71
- Maximum Supply: N/A
- Total Supply: 147,648,636,383.71
- Market Cap: $56,069,563,010.112
Background
Dogecoin is a decentralized, peer-to-peer digital currency created in 2013 as a satire on the rising popularity of cryptocurrencies. Named after the popular "Doge" meme, it quickly gained a loyal following and has become a widely recognized digital asset.
Market Trends
Over the past 24 hours, Dogecoin has experienced a slight uptick in price, rising by over 2%. This positive trend follows a period of relative stability in the market. Dogecoin remains highly volatile, with significant price fluctuations common.
Future Outlook
The future of Dogecoin is uncertain, but the cryptocurrency has consistently proven its resilience in the face of market fluctuations. Its strong community and unique position as a meme coin continue to drive interest and demand. However, as with all cryptocurrencies, the market is unpredictable, and investors should always proceed with caution.
Disclaimer
This analysis is for informational purposes only and should not be construed as financial advice. Please conduct your own thorough research before making any investment decisions.