The latest price of Dogecoin at 11:00 on January 12, 2025

(24-hour Dogecoin price trend)

Dogecoin Surges 2% as Crypto Market Rebounds

January 12, 2025, 11:00 AM PST

Dogecoin (DOGE), the popular meme coin, is experiencing a significant price increase today. According to the latest data, DOGE is currently trading at $0.33898444724394, marking a 2.14044519% surge in the last 24 hours.

This upward movement comes amid a broader recovery in the cryptocurrency market. Bitcoin (BTC), the leading cryptocurrency, is also showing signs of rebound, with a 1.5% gain over the past 24 hours.

Key Metrics for Dogecoin:

• Current Price: $0.33898444724394
• 24-Hour Trading Volume: $1,506,427,565.6397
• Price Change (24 Hours): 2.14044519%
• Circulating Supply: 147,587,156,383.71
• Maximum Supply: N/A
• Total Supply: 147,587,156,383.71
• Market Cap: $50,029,750,627.035

Factors Driving the Surge:

Several factors may be contributing to the recent surge in Dogecoin's price. First, the broader cryptocurrency market recovery is providing a positive environment for all digital assets. Second, the upcoming launch of the Dogecoin Core 1.46 update could be sparking increased interest in the coin. Finally, celebrities and influencers continue to promote Dogecoin, which helps maintain its popularity.

Investment Implications:

The current price increase suggests that DOGE could be poised for further growth. However, investors should always exercise caution and conduct thorough research before investing in any cryptocurrency. The cryptocurrency market remains volatile, and prices can fluctuate rapidly.