(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: Recent Market Update
As of February 1, 2025, 5:00 PM, Dogecoin (DOGE) is trading at $0.32098986031282. The coin's 24-hour trading volume stands at $1,807,194,297.7152, representing a 2.07255462% decrease in its price over the past day.
Key Statistics
- Current Price: $0.32098986031282
- 24-Hour Trading Volume: $1,807,194,297.7152
- Price Change (24 Hours): -2.07255462%
Blockchain Parameters
- Circulating Supply: 147,863,276,383.71
- Max Supply: Not specified
- Total Supply: 147,863,276,383.71
- Market Cap: $47,462,612,431.801
Recent Performance
Dogecoin has experienced a slight decline in its price over the past 24 hours. The coin's downtrend may be attributed to market volatility or fluctuations in investor sentiment. However, it is important to note that the cryptocurrency market is highly dynamic and unpredictable, and these fluctuations are commonplace.
Conclusion
Dogecoin remains a popular cryptocurrency among retail investors and enthusiasts, despite its recent price decline. The coin's strong community following, coupled with its low cost and accessibility, could potentially support its recovery in the future. However, as with any investment, it is crucial to exercise caution and conduct thorough research before making any decisions.