The latest price of Dogecoin at 13:00 on January 7, 2025

(24-hour Dogecoin price trend)

Dogecoin Price Surges, Reaching $0.39 as of January 7, 2025

As of January 7, 2025, 1:00 PM, Dogecoin (DOGE) is trading at $0.39028206854477, experiencing a surge of 0.62936204% over the past 24 hours.

Trading Volume and Market Capitalization

The 24-hour trading volume of Dogecoin stands at $2902279125.5712, indicating a significant level of activity in the market. The total supply of Dogecoin is 147520256383.71, with a circulating supply of 147520256383.71.

Competitive Landscape

Dogecoin's price rise comes amidst discussions in the cryptocurrency community regarding the potential impact of PEPE Coin's strong performance. PEPE Coin, which features the iconic Pepe the Frog meme, has been gaining traction and raising questions about whether it could challenge the dominance of DOGE and Shiba Inu (SHIB) in the meme coin space.

Market Sentiment

The sentiment surrounding Dogecoin remains largely positive, with investors optimistic about its long-term potential as a payment method and a store of value. However, it is essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.

Disclaimer

It is crucial to remember that investing in cryptocurrencies carries risks. Investors should exercise due diligence and consult with financial advisors before making any investment decisions.