The latest price of Dogecoin at 03:00 on January 11, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of January 11, 2025, 03:00 UTC, the current price of Dogecoin (DOGE) stands at $0.33395997028367. Over the past 24 hours, DOGE has experienced a significant price increase of 3.22507159%, with a trading volume of $3,585,079,931.3503.

Key Metrics:

• Circulating Supply: 144,418,726,383.71 DOGE
• Maximum Supply: None
• Total Supply: 144,418,726,383.71 DOGE
• Market Cap: $49,282,047,477.901

Insights:

Dogecoin's recent price surge indicates growing investor confidence in the cryptocurrency. The coin's unique characteristics, including its large community following and its popularity as a small-ticket payment option, continue to drive its value.

Despite its volatility, DOGE remains a popular choice for investors seeking speculative investment opportunities. Its low price point makes it accessible to a wider investor base, while its potential for price appreciation attracts those seeking quick profits.

However, investors should exercise caution and conduct thorough due diligence before investing in Dogecoin. The cryptocurrency market is highly volatile, and market conditions can change rapidly. It's crucial to understand the risks associated with cryptocurrency investments and invest only what you can afford to lose.