(24-hour Dogecoin price trend)

Dogecoin (DOGE) Experiences Volatility Amidst Broader Market Trends

As of March 12th, 2025, at 9 PM, Dogecoin (DOGE) is trading at $0.17113807124054, with a 24-hour trading volume of $2,015,835,736.31. This represents an 8.27% increase over the past 24 hours. The circulating supply of DOGE remains at 148,397,276,383.71, resulting in a market capitalization of approximately $25,396,423,657.66.

Dogecoin has experienced significant volatility in recent months. After reaching a local high of $0.48434, it plummeted to $0.14280, representing a decline of over 70%. This sharp downturn largely erased gains made in 2024. While a 5% surge in Bitcoin prices followed easing trade tensions between the US and Canada, the anticipated approval of ETFs by the SEC has been delayed. This delay, coupled with broader market uncertainty, has created challenges for many altcoins, including Dogecoin.

Despite the recent downturn, some analysts predict a significant price surge for DOGE. Speculative forecasts suggest a potential 300% increase, pushing the price to $0.60. However, no specific timeframe for this predicted surge has been provided, and such predictions should be treated with caution. The cryptocurrency market remains highly volatile and influenced by a multitude of factors, including regulatory developments, macroeconomic conditions, and market sentiment. Past performance is not indicative of future results.

Investors should conduct thorough due diligence and carefully consider their risk tolerance before investing in Dogecoin or any other cryptocurrency. The information provided here is for informational purposes only and should not be considered financial advice.