August 1, 2025 at 21:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Sees Volatility Amid Wider Market Fluctuations: Is a Rebound on the Horizon?

As of August 1st, 2025, at 21:00 hours, Dogecoin (DOGE) is trading at $0.20784922137609. While the price reflects a 24-hour trading volume of $2,821,488,293.6085, the popular meme-coin has experienced a negative price movement of -6.00182377% in the last 24 hours.

This downward trend for DOGE mirrors a broader market sentiment, with reports indicating significant fluctuations in other cryptocurrencies. Notably, Bitcoin experienced a sharp decline, dropping to $115,000, triggering the liquidation of $600 million in bullish positions. Alongside Bitcoin, other altcoins like Solana (SOL) and XRP also witnessed declines of approximately 6%.

The circulating supply of Dogecoin currently stands at 150,337,286,383.71 DOGE, mirroring its total supply. With a circulating market capitalization of $31,247,487,918.648, Dogecoin remains a significant player in the cryptocurrency space, despite the recent price dip.

The question on many investors' minds is whether this downturn represents a temporary correction or the beginning of a more sustained bearish trend. The article title “DOGE, SOL, XRP等跌 6%，反弹要来了？” suggests that some analysts believe a rebound may be imminent. This sentiment is further fueled by reports of PUMP, another cryptocurrency, surging by 30%, indicating that pockets of bullish activity still exist within the market.

While predicting future market movements is inherently difficult, the recent volatility highlights the inherent risks and rewards associated with cryptocurrency investments. Investors are advised to conduct thorough research and exercise caution before making any investment decisions, especially in such a dynamic and rapidly evolving market. Whether Dogecoin and other affected cryptocurrencies will indeed rebound remains to be seen, but the current situation underscores the importance of staying informed and managing risk effectively.