The latest price of Dogecoin at 00:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Dynamics and Market Overview

As of January 22, 2025, 11:00 PM UTC, Dogecoin (DOGE) was trading at $0.36100450581079. This represents a decrease of -4.58749956% in the past 24 hours. The 24-hour trading volume for DOGE is $3494865943.2464.

Supply and Market Performance

The current circulating supply of Dogecoin is 147730376383.71 DOGE. There is no maximum supply for DOGE, and the total supply also stands at 147730376383.71 DOGE.

The market capitalization of Dogecoin is $53331331519.641. This places DOGE as the 10th largest cryptocurrency by market cap.

Recent Trends and Analysis

Over the past few weeks, the price of Dogecoin has been relatively stable, hovering around the $0.35-$0.40 range. However, it experienced a significant surge in December 2024 following a tweet by Tesla CEO Elon Musk.

Analysts believe that the long-term outlook for Dogecoin remains positive. The coin has a strong community base and is supported by a growing number of merchants and exchanges. Additionally, the recent announcement of a partnership with the popular social media platform Reddit could further boost its popularity and adoption.

Disclaimer: The information provided in this report is for informational purposes only and should not be construed as investment advice. The cryptocurrency market is volatile, and investors should always conduct their own research before making any investment decisions.