The latest price of Dogecoin at 12:00 on January 21, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of January 21, 2025, 11:00 AM, the live price of Dogecoin (DOGE) stands at $0.34746331988028. Within the past 24 hours, it has experienced a trading volume of $8,052,009,234.283, indicating a notable degree of market activity.

Over the past day, the price of DOGE has fluctuated slightly, experiencing a 4.37521556% decline. This movement highlights the cryptocurrency's inherent volatility, which can be influenced by various factors such as market sentiment, news events, and trading activity.

Key Dogecoin Metrics:

• Circulating Supply: 147,709,916,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,709,916,383.71 DOGE
• Market Capitalization: $51,323,777,925.921

Additional Information:

Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer as a satirical take on the cryptocurrency craze at the time. It has since gained significant popularity as an alternative investment and a digital form of tipping within online communities.

Like many cryptocurrencies, DOGE operates on a decentralized blockchain network, which ensures transparency and security. It utilizes a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, which requires miners to solve complex computational puzzles to verify and add new blocks to the blockchain.

The maximum supply of DOGE is uncapped, meaning that new coins can be created indefinitely. This differs from Bitcoin, which has a fixed supply of 21 million tokens. The unlimited supply of DOGE has raised concerns among some investors about its long-term value proposition.

Please note that cryptocurrency prices can be highly volatile and subject to significant fluctuations. As with any investment, it is essential to conduct thorough research and exercise caution when trading digital assets.