The latest price of Dogecoin at 12:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin's Price Dip Continues

As of January 23, 2025, at 11 AM, Dogecoin (DOGE) is trading at $0.35255791636129, with a 24-hour trading volume of $2930554628.0444. Over the past 24 hours, DOGE's price has declined by -5.02733753%.

Key Metrics:

• Circulating Supply: 147736996383.71
• Maximum Supply: N/A
• Total Supply: 147736996383.71
• Market Cap: $52085847614.515

Recent News:

Bitop market analysts recently reported that an American fund company has filed an application with the SEC for an ETF that includes meme coins such as DOGE, TRUMP, and BONK. Bloomberg analysts have expressed skepticism about the ETF's potential.

Analysis:

The decline in DOGE's price is likely due to a combination of factors, including a broader market downturn and profit-taking among investors. The SEC's cautious stance toward meme coins may also be contributing to investor hesitation.

Despite the recent dip, DOGE remains one of the most popular and traded cryptocurrencies. Its large and active community continues to support its development and adoption.

It's important to note that the cryptocurrency market is volatile, and prices can fluctuate rapidly. Investors should carefully consider their risk tolerance before investing in any digital asset.