(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis: January 25, 2025
As of 08:00 AM UTC on January 25, 2025, the price of Dogecoin (DOGE) stands at $0.34682948080163. The 24-hour trading volume for DOGE is $2117858197.8104.
Price Performance
Over the past 24 hours, the price of DOGE has experienced a slight decline of -0.27253404%. This decrease follows a period of relative stability for DOGE, which has been trading within a narrow range for the past few weeks.
Market Cap and Supply
The circulating supply of DOGE is 147,762,716,383.71. The maximum supply and total supply of DOGE are both unknown. The current market capitalization of DOGE is $51248466205.199.
Insights
- Market Analysis: The recent price decline of DOGE may be attributed to profit-taking after a surge in price in the previous days. However, fundamentals for DOGE remain strong, with growing adoption and utility.
- Technical Analysis: From a technical perspective, DOGE is currently trading below its key resistance level of $0.35. A break above this level could indicate increased buying pressure and potential for further price appreciation.
- Future Outlook: The long-term outlook for DOGE remains positive. The coin has a strong community and development team and has gained significant recognition and adoption. Positive news and developments could further drive the price of DOGE in the coming months.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice.