The latest price of Dogecoin at 16:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin Price and Market Analysis: January 23, 2025

As of 4:00 pm EST on January 23, 2025, the live Dogecoin (DOGE) price stands at $0.35198157917545. The 24-hour trading volume for the meme coin is $2791741997.7272, indicating a significant amount of activity in the market.

Over the past 24 hours, the price of Dogecoin has experienced a decrease of -2.86333439%. This decline follows a period of relative stability for the coin, which has been trading within a narrow range for the majority of the past week.

Key Market Indicators:

• Circulating supply: 147739816383.71
• Total supply: 147739816383.71
• Market capitalization: $52001693877.828

Related News:

• Bitop Market Outlook: On January 19, a U.S. investment company filed an application with the Securities and Exchange Commission (SEC) for a series of meme coin exchange-traded funds (ETFs), including TRUMP, DOGE, and BONK. Bloomberg analysts have expressed skepticism over the rationale behind such a fund, describing it as "too whimsical."

Conclusion:

Dogecoin's price has been showing signs of volatility, with the coin experiencing both ups and downs over the past month. The recent price decline is a reminder that the cryptocurrency market can be unpredictable, and investors should exercise caution when making investment decisions.