The latest price of Dogecoin at 18:00 on January 13, 2025

(24-hour Dogecoin price trend)

Dogecoin Rallies as Whales Fuel Optimism

January 13, 2025, 6:00 PM

Dogecoin (DOGE) has been witnessing a surge in price, with its latest value standing at $0.32476559812537. This represents a -3.107246% change in the past 24 hours, bringing the total trading volume to $1983910748.8289.

The current circulating supply of Dogecoin is 147604386383.71, with a maximum supply yet to be determined and a total supply of 147604386383.71. The market capitalization sits at $47936826829.832, indicating the vast size of the Dogecoin market.

Industry experts have been closely monitoring the activities of Bitcoin (BTC), which remains within the range of $92,000 and $97,000. The recommendation is to hold positions within this range while utilizing a dollar-cost averaging (DCA) strategy for long-term investors.

Despite the recent fluctuations, Dogecoin's overall outlook appears positive. Whales, or large-scale investors, have been actively accumulating the asset, signaling their confidence in its future growth. This support has fueled optimism within the market, as reported by CREAMY GIRL, a prominent cryptocurrency publication.

The increasing interest in Dogecoin aligns with the broader market recovery. As the cryptocurrency landscape continues to gain traction, analysts believe that leading assets like Dogecoin have significant potential for further appreciation.