The latest price of Dogecoin at 04:00 on January 4, 2025

(24-hour Dogecoin price trend)

Dogecoin Surges Over 10% as Bullish Momentum Continues

January 4, 2025, 4:00 AM

The popular meme cryptocurrency, Dogecoin (DOGE), has witnessed a remarkable surge in its price, climbing by an impressive 10.59656628% in the last 24 hours. At the time of writing, the latest price of Dogecoin stands at $0.37557887182726.

Over the past 24 hours, Dogecoin's trading volume has also experienced a significant increase, reaching $4271855243.8559. This indicates a growing interest in the cryptocurrency among traders and investors.

Key Statistics

• Price: $0.37557887182726
• 24-hour trading volume: $4271855243.8559
• 24-hour price change: +10.59656628%
• Bitcoin circulating supply: 147474056383.71 DOGE
• Dogecoin maximum supply: Unlimited
• Dogecoin total supply: 147474056383.71 DOGE
• Market cap: $55388139720.382

Technical Analysis

Dogecoin's recent price surge has been attributed to several factors, including increasing adoption, positive social media sentiment, and technical indicators pointing towards a bullish trend.

On the technical side, Dogecoin's MACD (Moving Average Convergence Divergence) indicator has crossed above the signal line, suggesting a potential continuation of the uptrend. Additionally, the Relative Strength Index (RSI) is currently in the overbought zone, indicating that the asset may experience a slight pullback before resuming its upward trajectory.

Market Outlook

Dogecoin's impressive price performance is expected to continue in the near term. Analysts predict that the cryptocurrency could climb to even higher levels as it attracts more attention and investment. However, it's important to note that all investments carry risk, and it's essential to conduct thorough research and understand the market before making any trading decisions.