(24-hour Dogecoin price trend)

Dogecoin (DOGE) Posts a Surge: Price and Key Metrics Analysis

As of February 24, 2025, 8:00 PM UTC, the latest price of Dogecoin (DOGE) stands at $0.23082643056708. Over the past 24 hours, DOGE's trading volume has been robust at $1312759079.3293, witnessing a surge of 5.32979743%.

Circulating and Total Supply Details:

Bitcoin holds the lead in terms of circulating supply, with 148178616383.71 units. Dogecoin, on the other hand, has a circulating supply of 148178616383.71 DOGE, equaling its total supply. This indicates that all DOGE tokens have been issued and are currently in circulation.

Market Capitalization:

The market capitalization of DOGE stands at $34203541106.22, reflecting the total value of all DOGE tokens in circulation. This metric is often used to gauge the size and liquidity of a cryptocurrency.

Recent News and Developments:

Recently, the Dogecoin community experienced a significant increase in buying pressure, leading to a notable surge in its price. This rally was attributed to various factors, including a tweet from Tesla CEO Elon Musk expressing support for DOGE and the upcoming "Doge Day" event on February 25, 2025.

Conclusion:

Dogecoin's recent price increase highlights the ongoing interest and momentum surrounding this popular cryptocurrency. While its future trajectory remains uncertain, DOGE's strong community support and growing adoption could potentially fuel its continued growth in the months to come.