The latest price of Dogecoin at 19:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin Surges Despite Bearish Sentiment

As of January 23, 2025, 7:00 PM EST, Dogecoin's (DOGE) current price stands at $0.34958386785513. Within the last 24 hours, its trading volume has amounted to $2,705,937,818.6655, indicating a rise of -4.29506874%.

Circulation and Supply

Bitcoin's circulating supply is currently measured at 147,741,456,383.71. Dogecoin's maximum supply remains unknown, while its total supply is identical to its circulating supply, amounting to 147,741,456,383.71. As a result, its circulating market capitalization has reached $5,164,802,9765.166.

Recent News and Analysis

According to a recent report by Bitop Market Watch, a U.S.-based investment firm has submitted an application to the SEC for a meme coin-based exchange-traded fund (ETF). This hypothetical ETF would include a portfolio of meme coins, including TRUMP, DOGE, and BONK.

However, Bloomberg analysts have expressed skepticism towards this proposed ETF, citing its unconventional nature. The analysts have remarked that the ETF proposal is "highly speculative" and may potentially create a volatile and risky investment environment for investors.