August 1, 2025 at 15:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Sees Volatility Amidst Wider Crypto Market Correction

As of August 1st, 2025, at 15:00 hours, Dogecoin (DOGE) is trading at $0.205694689264. The meme-inspired cryptocurrency has experienced significant trading activity in the past 24 hours, with a reported volume of $2,442,170,601.4116. However, this high trading volume coincides with a price decrease of -8.21891779% over the same period.

This downward trend in DOGE mirrors a broader correction occurring in the cryptocurrency market. Recent reports indicate that Bitcoin (BTC) has dipped to $115,000, triggering the liquidation of a staggering $600 million in long positions. This significant drop in the leading cryptocurrency has seemingly dragged down other altcoins, including DOGE, Solana (SOL), and Ripple (XRP), all of which have experienced declines of approximately 6%.

With a circulating supply of 150,333,876,383.71 DOGE and a total supply matching that figure, Dogecoin currently holds a circulating market capitalization of $30,922,879,988.6.

The question on many investors' minds is whether this correction marks the beginning of a more prolonged bear market, or if a rebound is imminent. Amidst the sea of red, some smaller cryptocurrencies are showing signs of resilience. Notably, PUMP has reportedly surged by 30%, offering a glimmer of hope and demonstrating that opportunities for gains still exist even in a volatile environment.

Whether DOGE can recover and join a potential market rebound remains to be seen. Investors are advised to exercise caution, conduct thorough research, and consider their risk tolerance before making any investment decisions. The cryptocurrency market remains highly dynamic, and price fluctuations are to be expected.