(24-hour Dogecoin price trend)

Dogecoin (DOGE) Price Analysis

As of February 19, 2025, 7:00 AM UTC, Dogecoin's (DOGE) latest price stands at $0.25065673468699. The 24-hour trading volume for DOGE is recorded at $1,601,292,285.5581.

In the past 24 hours, DOGE has experienced a price decrease of -2.86038918%.

Key Metrics:

• Circulating Supply: 148,103,036,383.71
• Maximum Supply: None
• Total Supply: 148,103,036,383.71
• Market Cap: $37,123,023,497.168

Analysis:

DOGE's recent price fluctuations can be attributed to a combination of factors, including market sentiment, cryptocurrency regulations, and the overall global economic situation. The surge in broader market uncertainty may have contributed to the decline in DOGE's price over the past 24 hours.

DOGE has a reputation for being a volatile asset, and its price tends to react strongly to market news and events. The lack of a maximum supply for DOGE also influences its price fluctuations, as the supply can increase indefinitely, potentially impacting its value.

Long-Term Outlook:

The long-term outlook for DOGE remains uncertain. The cryptocurrency market is subject to significant fluctuations, and it is difficult to predict the future price performance of any asset with certainty. However, DOGE's large and active community, as well as its potential for use in online payments and other applications, could provide some support for its long-term value.

Disclaimer:

This analysis is for informational purposes only and should not be construed as financial advice. Always conduct your own research before making any investment decisions.