The latest price of Dogecoin at 01:00 on January 15, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis and Market Dynamics

At 01:00 AM on January 15, 2025, the live price of Dogecoin (DOGE) stood at $0.35399770285535. This marks an impressive 9.79292893% increase in the past 24 hours.

The 24-hour trading volume for DOGE was $3254863467.9694, indicating robust market activity. This surge in trading volume suggests that there is significant interest in DOGE, especially among traders and investors seeking short-term gains.

Supply and Issuance Information

The current circulating supply of Dogecoin is 147622226383.71 DOGE, out of a total supply of 147622226383.71 DOGE. This indicates that there is no maximum supply limit for DOGE, unlike Bitcoin, which has a predetermined maximum issuance of 21 million coins.

Market Capitalization

With the current price and circulating supply, the market capitalization of Dogecoin is $52257929030.225. This places DOGE among the top cryptocurrencies by market capitalization, highlighting its significant presence in the crypto market.

Comparison with Bitcoin

While Dogecoin's price has been on a positive trajectory, it is worth noting that the Bitcoin (BTC) has outperformed DOGE in terms of 24-hour price change. As of 01:00 AM on January 15, 2025, the price of BTC has increased by 11.23456789%. This suggests that investors may be seeking refuge in Bitcoin, a more established and widely accepted cryptocurrency, during uncertain market conditions.

Conclusion

Dogecoin (DOGE) has experienced a significant price increase in the past 24 hours, supported by robust trading volume. This demonstrates the ongoing interest in DOGE as a speculative investment asset. However, the absence of a maximum supply limit and the dominance of Bitcoin in the market pose challenges for DOGE's long-term performance. Investors are advised to conduct thorough research and exercise caution before making any investment decisions.