The latest price of Dogecoin at 12:00 on January 8, 2025

(24-hour Dogecoin price trend)

Dogecoin Price Analysis: DOGE Dips Below $0.36 amid Market Correction

As of January 8, 2025, at 12:00 PM, Dogecoin (DOGE) is trading at $0.35267499220007, recording a 24-hour trading volume of $5,358,908,294.7389. The price of DOGE has experienced a decline of 9.85108054% over the past 24 hours.

Dogecoin Key Statistics

• Circulating Supply: 147,532,766,383.71
• Max Supply: N/A
• Total Supply: 147,532,766,383.71
• Market Cap: $52,031,117,233.629

Market Performance

The recent price correction in the cryptocurrency market has impacted Dogecoin negatively. DOGE has followed suit with other major cryptocurrencies, facing a decline in value. The cryptocurrency has witnessed a significant pullback from its recent peaks, showcasing the volatility associated with the digital asset market.

Outlook

Technical analysis suggests that DOGE may have entered a short-term downtrend. The recent price action has formed a bearish pattern, indicating a potential continuation of the downward trajectory. Traders and investors should exercise caution when making decisions and consider the prevailing market conditions before entering any trades.

Disclaimer: The information provided in this analysis is solely for educational purposes and should not be construed as financial advice. Cryptocurrency markets are highly volatile, and traders should conduct their own research and due diligence before making any investment decisions.