(24-hour Dogecoin price trend)

Dogecoin (DOGE) Surges Amid Market Volatility

As of February 21, 2025, 1:00 PM, the live price of Dogecoin (DOGE) stands at $0.2531745289199. This represents a 24-hour trading volume of $1103635501.6971. Notably, the coin has experienced a slight decline of -1.36450882% over the past day.

Key Market Dynamics

• Circulating Supply: 148133706383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 148133706383.71 DOGE
• Market Cap: $37503681330.853

Analysis

Dogecoin has been exhibiting a positive trajectory in recent weeks, largely driven by the overall bullish momentum in the cryptocurrency market. The coin's unique appeal among retail investors has also contributed to its rising popularity.

However, the recent price dip suggests that the market is experiencing some volatility. This could be attributed to a combination of factors, including macroeconomic uncertainties and profit-taking by early investors.

Outlook

Analysts remain cautiously optimistic about Dogecoin's future prospects. The coin's strong community support and growing acceptance by merchants are seen as catalysts for further growth. However, it is important to note that cryptocurrency markets can be highly unpredictable, and investors should approach any investment with caution.