The latest price of Dogecoin at 07:00 on January 23, 2025

(24-hour Dogecoin price trend)

Dogecoin Declines 2.84% as Price Dips to $0.36

As of January 23, 2025, at 07:00 EST, Dogecoin (DOGE) traded at $0.36061661390117, marking a 2.84284956% decline in the past 24 hours. The volume of transactions during this period reached $2,971,227,546.7914.

Dogecoin's market capitalization stood at $5,327,559,3177.942. Its circulating supply totaled 147,734,716,383.71, while the maximum supply and total supply information were not readily available.

Additional Insights:

• Dogecoin has experienced a volatile price trajectory in recent months. Its market value has fluctuated significantly, influenced by factors such as market sentiment, adoption, and cryptocurrency regulations.
• Despite its initial surge in popularity as a "meme coin," Dogecoin has gradually gained legitimacy as a viable alternative to traditional currencies for certain use cases, such as tipping and microtransactions.
• The ongoing development of blockchain technology and the increasing adoption of cryptocurrencies are expected to shape Dogecoin's future prospects, although it remains subject to market fluctuations and external factors.