(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: January 21, 2025
As of January 21, 2025, 4:00 PM UTC, the live price of Dogecoin (DOGE) is $0.34373964063232. Over the past 24 hours, the trading volume has reached $7,098,003,746.8595, representing a significant trading activity.
Price Movement
In the past 24 hours, the price of Dogecoin has experienced a notable decline of -9.64888541%. This downward trend indicates a shift in market sentiment or a correction after a period of gains.
Supply Dynamics
The circulating supply of DOGE is currently 147,712,496,383.71, as reported by CoinMarketCap. There is a maximum supply and a total supply of approximately 147,712,496,383.71 DOGE.
Market Capitalization
The market capitalization of Dogecoin is $5,077,464,0423.838, indicating the total value of the circulating DOGE tokens. This figure reflects the size and influence of DOGE in the cryptocurrency market.
Additional Information
- Circulating Supply: Refers to the number of DOGE tokens currently in circulation and available for trading.
- Maximum Supply: The maximum number of DOGE tokens that can be created.
- Total Supply: The total number of DOGE tokens in existence, including those that are not currently circulating.
- Market Capitalization: Calculates by multiplying the circulating supply by the current market price.
Conclusion
Dogecoin's price has undergone a correction in the past 24 hours, resulting in a decline of approximately -9.64888541%. The market dynamics remain fluid, and investors should monitor the situation closely before making any decisions.