The latest price of Dogecoin at 03:00 on January 6, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

Current Price and Market Cap

As of January 6, 2025, at 03:00 UTC, the current price of Dogecoin (DOGE) is $0.38186895907096, with a 24-hour trading volume of $2,960,104,428.8527. The market capitalization of Dogecoin is currently at $5,632,588,010.944.

Price Performance

Over the past 24 hours, the price of Dogecoin has experienced a slight decline of -0.09117925%. This indicates that there has been a small correction in the market.

Circulating Supply and Total Supply

The current circulating supply of Dogecoin is 147,500,546,383.71 DOGE. The maximum supply is unlimited, while the total supply stands at 147,500,546,383.71 DOGE.

Key Developments

• Elon Musk Reaffirms Support for DOGE: The recent announcement by Tesla CEO Elon Musk that DOGE will be accepted as payment for some products has had a positive impact on the token's price.
• Integration with Major Exchanges: In recent months, several major exchanges have listed Dogecoin, providing wider access to the token and boosting its liquidity.
• Increased Use Cases: Dogecoin has been gaining traction as a payment method and a store of value, particularly within the cryptocurrency community.

Conclusion

While the price of Dogecoin has fluctuated recently, the token remains a popular and widely recognized cryptocurrency. The ongoing support from the community, the growing use cases, and the positive developments in the market suggest that DOGE has the potential for further growth in the future. However, investors should exercise caution and conduct thorough research before making any investment decisions.