The latest price of Dogecoin at 03:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Sees Dip in Price Amidst Bearish Market

As of January 23, 2025, 03:00 AM, the live price of Dogecoin (DOGE) stands at $0.35904391597555. This marks a notable decline of -6.89692715% within the past 24 hours, amidst a broader bearish trend in the cryptocurrency market.

The 24-hour trading volume for DOGE has also experienced a significant drop, currently hovering around $2993989008.1162. This indicates a decrease in overall market activity and investor sentiment towards the coin.

Dogecoin's circulating supply remains at 147732086383.71 DOGE, with a maximum supply and total supply yet to be determined. The current market capitalization for DOGE stands at $53042306810.443.

The recent price dip for DOGE is in line with the broader market trend, which has seen many cryptocurrencies experiencing losses in value. Factors such as increased regulatory scrutiny, macroeconomic headwinds, and a lack of institutional adoption have contributed to the current bearish sentiment.

Despite the recent setback, DOGE has maintained its position as one of the top ten cryptocurrencies by market capitalization. Its strong community support and the recent integration into Tesla's payment system are seen as positive indicators for its long-term potential.

Investors and traders should exercise caution during this volatile period in the cryptocurrency market. It is important to conduct thorough research and monitor market trends before making investment decisions.