The latest price of Dogecoin at 10:00 on February 04, 2025

(24-hour Dogecoin price trend)

Latest Update on Dogecoin (DOGE) as of February 4, 2025

As of 10:00 AM on February 4, 2025, the latest price of Dogecoin (DOGE) stands at $0.2847715623832. Over the past 24 hours, DOGE has witnessed a significant increase of 22.8915936% in its value. The 24-hour trading volume for the cryptocurrency has reached a staggering $7971147118.3836.

Key Metrics for Dogecoin:

• Circulating Supply: 147899786383.71
• Maximum Supply: N/A
• Total Supply: 147899786383.71
• Market Capitalization: $42117653244.629

Additional Information:

Dogecoin is a decentralized, peer-to-peer cryptocurrency that was originally created as a joke in 2013. Despite its humorous origins, DOGE has gained significant popularity and value in recent years.

Factors Contributing to DOGE's Surge:

Several factors may have contributed to the recent surge in Dogecoin's price:

• Increased Market Sentiment: Positive news and hype surrounding cryptocurrencies in general have boosted market sentiment, leading to increased demand for DOGE.
• Social Media Influence: Elon Musk's tweets and endorsements of DOGE have significantly impacted its popularity and value.
• Economic Recovery: The improving global economic outlook may have spurred investments in risky assets like cryptocurrencies, including DOGE.

Cautions and Considerations:

While Dogecoin's recent price increase is promising, it's important to approach cryptocurrency investments with caution. DOGE remains a volatile asset, and its value can fluctuate rapidly. Investors should conduct thorough research and only allocate funds that they can afford to lose.