The latest price of Dogecoin at 02:00 on February 03, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE): Price Analysis and Market Update

As of February 3, 2025, 02:00 AM, Dogecoin (DOGE) is trading at $0.26714532673995 with a 24-hour trading volume of $4,397,409,669.4604. DOGE has experienced a significant drop in price, losing 16.40354672% in the last 24 hours.

Circulation and Supply Metrics:

• Circulating Supply: 147,881,836,383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147,881,836,383.71 DOGE

Market Capitalization and Share:

DOGE's circulating market capitalization stands at $39,505,941,499.628, ranking it among the top cryptocurrencies in the market.

Price Analysis and Outlook:

The recent price decline for DOGE is concerning, indicating a potential shift in sentiment towards the asset. The downtrend may continue in the short term, with support levels to watch at $0.2600 and $0.2500. However, DOGE has demonstrated resilience in the past, and a positive price reversal is still possible.

Conclusion:

DOGE's recent price action requires caution for investors. The significant drop in price could lead to further losses in the short term. Traders and investors should monitor the market closely and make informed decisions based on their risk tolerance and investment strategy.