(24-hour Dogecoin price trend)
Dogecoin: A Renewed Surge Amidst Volatility
As of January 10, 2025, at 10:00 PM, Dogecoin (DOGE) is trading at $0.32725196909004, with a 24-hour trading volume of $3,709,484,831.282. This represents a 2.41914102% increase in the price of DOGE over the past 24 hours.
Key Metrics:
- Circulating supply: 147,565,836,383.71
- Maximum supply: Unlimited
- Total supply: 147,565,836,383.71
- Market capitalization: $48,291,210,526.986
Recent Market Sentiment:
Dogecoin has been experiencing significant volatility in recent months. After reaching an all-time high of $0.74 in May 2023, DOGE underwent a steep correction, falling to a low of $0.24 in September 2024. However, the token has since recovered and has been trending upwards in 2025.
Market Analysis:
Technical analysts are divided on the outlook for DOGE. Some argue that the recent surge in price is a sign of a potential bull market, while others believe that DOGE is still in an adjustment wave and could face further declines.
Related Articles of Interest:
- [1/10 Daily Crypto Q&A: Adjustment Wave or Bull Market End? DOGE, D, CRV, SUI, LUCE, ONDO...](https://www.bybit.com/en-US/learn/crypto/daily-crypto-qa-1-10-adjustment-wave-or-bull-market-end-doge-d-crv-sui-luce-ondo)
- [Dogecoin (DOGE) Drops: Warning Sign or Hidden Opportunity?](https://www.cryptonewsz.com/dogecoin-doge-drops-warning-sign-or-hidden-opportunity/)
Conclusion:
Dogecoin remains a highly speculative asset, and its price can be influenced by a variety of factors, including social media hype, celebrity endorsements, and market sentiment. Investors considering purchasing DOGE should exercise caution and conduct thorough research before making any decisions.