(24-hour Dogecoin price trend)

Dogecoin Prices Maintain Downward Trend

As of February 12, 2025, at 02:00 UTC, Dogecoin (DOGE) has experienced a downturn in its value. The current price of DOGE stands at $0.25145531524781, marking a decrease of -1.02843887% within the past 24 hours.

Trading Activity

The trading volume of DOGE has reached $157,779,1208.5703 in the past day, indicating active market participation. Despite the price dip, the trading volume suggests that investors are still engaging with the cryptocurrency.

Supply Metrics

Dogecoin has a circulating supply of 148,004,416,383.71 DOGE, with a maximum supply yet to be determined and a total supply of 148,004,416,383.71 DOGE. The current supply in circulation equates to a market capitalization of $37,216,497,179.833.

Comparison with Bitcoin

In terms of market capitalization, Dogecoin trails behind Bitcoin (BTC). BTC's current circulating supply is significantly higher, resulting in a market capitalization of over $1 trillion. However, Dogecoin has gained popularity as a meme coin and has attracted a dedicated community of supporters.

Overall Sentiment

While the recent price decline has dampened market sentiment for DOGE, the cryptocurrency remains highly volatile and subject to fluctuations. Investors should exercise caution and conduct thorough research before making any decisions regarding crypto purchases.