The latest price of Dogecoin at 01:00 on January 28, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: Update on January 28, 2025 at 01:00 AM

As of January 28, 2025, at 01:00 AM, the current price of Dogecoin (DOGE) stands at $0.32080978396436. Over the past 24 hours, the trading volume has reached $4344919025.3517, indicating significant market activity.

In the past 24 hours, the price of Dogecoin has experienced a notable decline of -8.8572935%. This price fluctuation may be attributed to various market factors, such as overall cryptocurrency market trends, supply and demand, and speculative trading.

Key Statistics:

• Circulating Supply: 147799196383.71
• Maximum Supply: Indefinite
• Total Supply: 147799196383.71
• Market Capitalization: $47415428261.963

Dogecoin's indefinite maximum supply sets it apart from cryptocurrencies with a fixed supply, allowing for potential inflation over time. As a result, investors should carefully consider this aspect when making investment decisions.

Despite the recent price decline, Dogecoin remains one of the most popular and well-known cryptocurrencies in the market. It is widely supported by exchanges, wallets, and merchants, making it accessible to a broad user base.

As with all investments, it is crucial to conduct thorough research and due diligence before investing in Dogecoin or any other cryptocurrency. The market is volatile, and prices can fluctuate rapidly. Investors should approach cryptocurrency investments with appropriate risk tolerance and diversification.