(24-hour Dogecoin price trend)
Dogecoin Sees Modest Upswing Despite Overall Market Decline
As of January 13th, 2025, at 7 pm CST, Dogecoin (DOGE) was trading at $0.32063735858682, with a 24-hour trading volume of $2,154,228,799.7092. Dogecoin's price has fluctuated over the past 24 hours, experiencing a decline of -4.73503512%.
At the current price, Dogecoin has a circulating supply of 147,605,256,383.71, a maximum supply of 147,605,256,383.71, and a total supply of 147,605,256,383.71. The market capitalization of Dogecoin stands at $47,327,759,520.402.
Meme Currency Draws Attention in Crypto Market
Meme currencies, such as Dogecoin, have garnered significant attention in the cryptocurrency market recently. However, Dogecoin's performance has been relatively subdued as of late.
Despite some optimism that DOGE could rally on the back of former U.S. President Donald Trump's inauguration, its price has actually declined by 14.88% over the past week.
Bitcoin Remains in Narrow Trading Range
Meanwhile, the price of Bitcoin (BTC) continues to fluctuate within a narrow range of $91,500 to $98,000, a trend that has persisted for over a day. As of this writing, BTC is trading around $94,000.
Analysts suggest that traders holding positions within this range are likely doing so in anticipation of short-term gains, influenced by factors such as possible market volatility caused by Trump's potential return to politics.