The latest price of Dogecoin at 23:00 on January 19, 2025

(24-hour Dogecoin price trend)

Dogecoin Price Analysis

As of January 19, 2025, at 11:00 pm, Dogecoin (DOGE) trades at $0.38549621560793. The 24-hour trading volume stands at $7,733,899,464.8164. Over the last 24 hours, DOGE has experienced a price decline of -2.94840159%.

Key Metrics:

• Circulating Supply: 147,688,926,383.71
• Maximum Supply: N/A
• Total Supply: 147,688,926,383.71
• Market Capitalization: $56,933,522,208.116

Influential Factors:

• Market sentiment: The broader cryptocurrency market has been experiencing a downward trend, affecting DOGE's value.
• Elon Musk's influence: CEO of SpaceX and Tesla, Elon Musk, has been an avid supporter of Dogecoin, influencing its price fluctuations.
• Utility and adoption: Dogecoin's increasing usage as a payment method and investment vehicle contributes to its demand and price appreciation.

Outlook:

Future price movements of DOGE will depend on various factors, including market conditions, regulatory developments, and community support. However, the cryptocurrency's unique characteristics and growing popularity suggest potential for continued growth.

Disclaimer: This analysis is based on available market data and should not be considered as investment advice. Please conduct thorough research before making any financial decisions.