The latest price of Dogecoin at 12:00 on January 14, 2025

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: DOGE Soars 3.58%

As of January 14, 2025, 12:00 pm UTC, Dogecoin (DOGE) is trading at $0.34439241992376, with a 24-hour trading volume of $3,818,322,149.7877. The price of DOGE has increased by 3.58739804% in the past 24 hours.

Key Metrics

• Current Price: $0.34439241992376
• 24-Hour Trading Volume: $3,818,322,149.7877
• 24-Hour Price Change: +3.58739804%
• Circulating Supply: 147,614,626,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 147,614,626,383.71 DOGE
• Market Cap: $50,837,358,396.426

Technical Analysis

The technical indicators for DOGE suggest a neutral to bullish trend. The Relative Strength Index (RSI) is currently at 65.62, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, suggesting a potential upward movement.

Fundamental Analysis

Dogecoin has gained significant attention in recent months due to its association with Elon Musk. Musk has repeatedly expressed his support for DOGE, which has helped to boost investor confidence. The cryptocurrency is also seeing increased adoption as a payment method, particularly in the gaming and online entertainment industries.

Conclusion

The price of Dogecoin has shown a positive trend in the past 24 hours. The technical indicators suggest a neutral to bullish trend, and the fundamental analysis indicates that DOGE is gaining acceptance as a viable cryptocurrency. Investors should closely monitor the market and conduct thorough research before making any investment decisions.