(24-hour Dogecoin price trend)
Dogecoin Rallies Amidst Market Surge
As of January 15, 2025, 8:00 PM EST, Dogecoin (DOGE) traded at $0.34889624385056, with a 24-hour trading volume of $300,687,668,816.73. DOGE's price has gained 0.8997489% over the last 24 hours.
Circulating Supply and Market Cap
Bitcoin's circulating supply is reported as 147,633,006,383.71, while Dogecoin's circulating supply is the same as its total supply, totaling 147,633,006,383.71. DOGE's current market capitalization stands at $51,508,601,395.641.
Market Analysis
On January 15, Bitcoin led the market to a sharp rally ahead of the release of CPI data. Among altcoins, XRP surged by 12%, AIXBT by 43%, while DOGE and SHIB continued their upward trajectory.
DOGE particularly witnessed a notable price increase in the past 24 hours, rising approximately 12% to reach $0.3602. Its trading volume also experienced a significant spike of 45%, reaching $3.68 billion.
The broader market enthusiasm for altcoins, coupled with potential market manipulation by Elon Musk, may have contributed to DOGE's recent rise. Additionally, XRP's impressive performance has reportedly led to a broader altcoin rally, further boosting DOGE's momentum.