Dogecoin (DOGE) Plunges as Bitcoin Concerns Spark Market Weakness

ビットコインが市場の衰弱を引き起こすことに関係するため、dogecoin（doge）が急降下します

As of February 6th, 2025, 11:00 PM ET, Dogecoin (DOGE) is trading at $0.24882131374028, a 5.46393474% decline in the past 24 hours. The recent sell-off in the digital asset market, largely driven by concerns surrounding Bitcoin (BTC), has dragged Doge and other altcoins down.

2025年2月6日の時点で、午後11時の東部標準時、DogeCoin（DOGE）は、過去24時間で5.46393474％の減少である0.2482131374028ドルで取引されています。主にビットコイン（BTC）を取り巻く懸念によって主に推進されているデジタル資産市場での最近の売却は、Dogeおよびその他のAltcoinsを引きずり込んでいます。

Significant Price Drop

Significant Price Drop

The latest price action marks a significant drop for Doge, which soared to all-time highs of over $0.70 in May of 2021. Since then, it has retraced a substantial portion of its gains, hovering around the $0.25 mark for most of 2024.

最新の価格アクションは、2021年5月に史上最高の高値を超えて急上昇しました。それ以来、2024年の大部分では0.25ドルのマークを約0.25マークしています。

Market Cap and Supply

Market Cap and Supply

The circulating supply of Doge currently stands at 147,934,746,383.71, with a total supply and maximum supply both unknown. With a circulating market cap of $36,809,317,943.029, Doge remains one of the largest altcoins by market capitalization.

The circulating supply of Doge currently stands at 147,934,746,383.71, with a total supply and maximum supply both unknown. With a circulating market cap of $36,809,317,943.029, Doge remains one of the largest altcoins by market capitalization.

Elon Musk's Continued Involvement

イーロン・マスクの継続的な関与

Elon Musk, the CEO of Tesla and SpaceX, has remained a vocal supporter of Doge. Recently, he hinted at the possibility of integrating Doge payments into Twitter, the social media platform he acquired in 2022. However, it remains unclear whether Musk's intentions for Doge extend beyond occasional tweets and public statements.

Elon Musk, the CEO of Tesla and SpaceX, has remained a vocal supporter of Doge. Recently, he hinted at the possibility of integrating Doge payments into Twitter, the social media platform he acquired in 2022. However, it remains unclear whether Musk's intentions for Doge extend beyond occasional tweets and public statements.

Outlook for Altcoins

Outlook for Altcoins

The current market weakness raises concerns about the future of altcoins in general. As Bitcoin continues to fluctuate, altcoins often follow suit due to their correlation. Some analysts are predicting further downturns in the altcoin sector as the market adjusts to evolving macroeconomic conditions and concerns about the sustainability of the cryptocurrency rally.

現在の市場の弱さは、一般的なアルトコインの将来に関する懸念を引き起こします。ビットコインが変動し続けるにつれて、アルトコインはその相関のためにしばしば訴訟に従います。一部のアナリストは、市場が進化するマクロ経済的条件と暗号通貨ラリーの持続可能性に関する懸念に適応するため、Altcoinセクターのさらなる低迷を予測しています。

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It is essential to conduct thorough research and consult with financial professionals before making any investment decisions.

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