The latest price of Dogecoin at 18:00 on January 22, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Market Overview

As of January 22, 2025, 5:00 PM UTC, Dogecoin (DOGE) is trading at $0.36425915291386, with a 24-hour trading volume of $843,239,728,744.03. DOGE has witnessed a significant price increase of 6.21983783% over the past 24 hours.

Circulating Supply and Total Volume

Dogecoin has a circulating supply of 147,726,906,383.71, making it one of the most widely circulated cryptocurrencies. The maximum supply of DOGE is not specified, while its total supply remains at 147,726,906,383.71.

Market Capitalization

The market capitalization of DOGE stands at $53,810,877,781.913, indicating the total value of all circulating DOGE tokens. This market cap places DOGE among the top cryptocurrencies by value.

Other Important Considerations

• Competitors: Dogecoin faces competition from other popular cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
• Speculative Interest: DOGE's price is heavily influenced by speculative trading, leading to significant volatility.
• Community Support: Dogecoin has a strong online community and a dedicated following, providing support for its continued growth.
• Use Cases: DOGE is primarily used as a payment method and for sending tips online.
• Future Outlook: The future price of DOGE is subject to speculation and influenced by various factors, including market conditions, community support, and technological developments.