(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of January 22, 2025, at 15:00 UTC, the price of Dogecoin (DOGE) stands at $0.36687532095724. This represents a 7.74295228% increase over the past 24 hours.
Trading Volume
The 24-hour trading volume for Dogecoin is $8492123088.1254, indicating significant trading activity. This high volume suggests strong market interest in the cryptocurrency.
Market Capitalization
The market capitalization of Dogecoin is currently $54196750849.263. This is calculated by multiplying the total supply by the current price. The high market capitalization indicates Dogecoin's significant market presence and value.
Supply
- Circulating supply: 147725256383.71 DOGE
- Maximum supply: N/A
- Total supply: 147725256383.71 DOGE
The circulating supply represents the amount of Dogecoin currently in circulation, while the maximum supply refers to the total number of coins that can be created. Dogecoin has an unlimited maximum supply, meaning there is no cap on the number of coins that can be issued.
Conclusion
Dogecoin continues to experience strong demand and interest in the cryptocurrency market. The recent rise in its price demonstrates its potential as a valuable investment vehicle. With its large market capitalization and high trading volume, Dogecoin has established itself as a significant player in the crypto space.