(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of January 18, 2025, 6:00 PM UTC, the latest Dogecoin (DOGE) price stood at $0.39864731309172. Over the past 24 hours, the 24-hour trading volume reached an impressive $753,442,8647.7611. However, the price of DOGE experienced a decline of -3.0044707% within the same period.
Key Statistics:
- Circulating Supply: 147,672,346,383.71
- Maximum Supply: N/A
- Total Supply: 147,672,346,383.71
- Market Capitalization: $58,869,184,103.813
Additional Information:
- Blockchain: Dogecoin operates on its own blockchain, separate from Bitcoin's network.
- Use Cases: DOGE is primarily utilized for tipping, microtransactions, and payment on platforms that cater to online communities and social media.
- Market Sentiment: The recent decline in DOGE's price may be attributed to broader market volatility and profit-taking activities. However, the overall market sentiment towards DOGE remains mixed. Some analysts believe that its popularity as a meme coin could support future value gains, while others emphasize the limited utility and uncertain fundamentals.
Disclaimer: The information provided is for educational and informational purposes only and should not be construed as financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.