(24-hour Dogecoin price trend)

Dogecoin Price Analysis

As of February 23, 2025, at 5:00 PM, the live Dogecoin (DOGE) price stands at $0.24586950477619. The 24-hour trading volume for DOGE is $774,148,922.37294. Over the past 24 hours, the price of Dogecoin has witnessed a slight increase of 0.7962265%.

Key Metrics:

• Circulating Supply: 148,163,586,383.71 DOGE
• Max Supply: Infinite
• Total Supply: 148,163,586,383.71 DOGE
• Market Cap: $36,428,907,610.026

Recent Price Movement:

Dogecoin has experienced a notable rise in value over the past few weeks. The surge in buying interest has been attributed to several factors, including the growing popularity of meme coins, the broader market recovery, and positive news surrounding Dogecoin-related projects.

Market Sentiment:

Market sentiment towards Dogecoin remains generally positive. Analysts predict further upside potential for the cryptocurrency, citing its strong community support and increasing adoption as a medium of exchange.

About Dogecoin:

Dogecoin is a decentralized, peer-to-peer cryptocurrency created in 2013. It was initially intended as a joke, with its namesake inspired by the popular "Doge" meme featuring a Shiba Inu dog. However, Dogecoin has since gained widespread popularity and is currently among the most traded cryptocurrencies.