The latest price of Dogecoin at 20:00 on July 25, 2024

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Update

As of July 25, 2024, at 8:00 PM UTC, the price of Dogecoin (DOGE) stands at $0.12443881373505, with a 24-hour trading volume of $919,488,543.54844.

Market Performance

Over the past 24 hours, Dogecoin has experienced a dip of 6.69589384%. This price fluctuation aligns with the broader market sentiment, which has seen a moderate decline in cryptocurrency valuations overall.

Supply Metrics

• Total Supply: 145,259,976,383.71
• Circulating Supply: 145,259,976,383.71
• Maximum Supply: Unlimited

Market Capitalization

As of today, the market capitalization of Dogecoin stands at $18,075,979,144.37, making it one of the top cryptocurrencies by market cap.

Analysis and Outlook

The recent price decline of Dogecoin is likely due to a combination of market volatility and broader economic uncertainty. While DOGE has shown periods of sustained growth in the past, it is important to note its speculative nature and the potential for further price fluctuations.

Investors considering Dogecoin should approach it with caution and conduct thorough research before making any investment decisions. The cryptocurrency market remains a highly volatile asset class, and investors should always diversify their portfolios to minimize potential risks.