The latest price of Dogecoin at 22:00 on January 12, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis: A Comprehensive Overview

As of January 12, 2025, 10:00 PM (UTC), the live price of Dogecoin (DOGE) stands at $0.33812596006231. The 24-hour trading volume has reached $1575315545.701, indicating significant market activity.

Price Trend:

Over the past 24 hours, Dogecoin has experienced a positive price movement, witnessing a moderate rise of 0.83190826%. This suggests that buyers are currently dominating the market, pushing the price of DOGE upwards.

Market Cap and Supply:

The circulating supply of DOGE stands at 147593056383.71, while the total supply and maximum supply remain uncapped. This implies that new DOGE coins can be continuously mined, potentially increasing the supply in the market.

The circulating market capitalization of DOGE is approximately $49905043888.272. Market capitalization is calculated by multiplying the circulating supply by the current price, indicating the total value of DOGE coins in circulation.

Key Metrics:

• Current Price: $0.33812596006231
• 24-Hour Trading Volume: $1575315545.701
• 24-Hour Price Change: +0.83190826%
• Circulating Supply: 147593056383.71
• Total Supply: Uncapped
• Circulating Market Cap: $49905043888.272

Conclusion:

Dogecoin is currently experiencing a positive price trend with strong market activity. The increase in trading volume and price gain suggests that there is strong demand for DOGE among traders. The uncapped supply of DOGE may have an impact on the price in the long term, but the current market dynamics indicate a bullish sentiment towards this cryptocurrency.