The latest price of Dogecoin at 04:00 on January 21, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Market Update: January 21, 2025

As of 04:00 AM EST on January 21, 2025, Dogecoin (DOGE) is trading at a price of $0.35844910208149. This represents a 9.38206289% decrease in value over the past 24 hours.

Key Metrics:

• Current Price: $0.35844910208149
• 24-Hour Trading Volume: $10,798,652,673.591
• Percentage Change in the Past 24 Hours: -9.38206289%
• Circulation Supply: 14,770,565,6383.71
• Maximum Supply: N/A
• Total Supply: 14,770,565,6383.71
• Market Cap: $5,294,495,9903.096

Analysis:

Dogecoin has experienced a decline in value over the past 24 hours, continuing a trend that has been observed in recent weeks. This decline may be attributed to a combination of factors, including:

• The overall bearish sentiment in the cryptocurrency market
• Concerns about the regulatory landscape
• Profit-taking by investors

Despite the recent price volatility, Dogecoin remains a popular cryptocurrency with a strong community of supporters. Its low price and accessibility have made it a favorite among retail investors. However, it is important to note that the cryptocurrency market is highly speculative and can be subject to sudden fluctuations.

Investors should exercise caution when considering investments in Dogecoin or any other cryptocurrency. It is essential to conduct thorough research and understand the risks involved before making any investments.