August 1, 2025 at 03:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Shows Slight Dip Amidst Volatile Crypto Market

As of August 1st, 2025, at 03:00 UTC, Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at $0.21642933831636. While still a significant player in the cryptocurrency space, Dogecoin has experienced a slight dip over the past 24 hours, with a decrease of -0.69421543% in its price.

Despite this minor setback, Dogecoin continues to see robust trading activity. The 24-hour trading volume for DOGE stands at a substantial $1,954,531,247.8306, indicating continued interest and liquidity in the market. This high volume suggests that investors are actively buying and selling DOGE, likely reacting to broader market trends and news surrounding the cryptocurrency.

Dogecoin's circulating supply remains constant at 150,326,976,383.71 DOGE. Notably, DOGE does not have a maximum supply cap, and the total supply mirrors the circulating supply. This unlimited supply differentiates Dogecoin from cryptocurrencies like Bitcoin, which have a fixed maximum supply, contributing to its distinct characteristics as an investment.

With its current price and circulating supply, Dogecoin boasts a circulating market capitalization of $32,535,168,029.824. This substantial market cap places Dogecoin among the top cryptocurrencies by market capitalization, reflecting its enduring popularity and community support.

While the price fluctuation may be a cause for concern for some investors, the large trading volume and strong market cap suggest that Dogecoin remains a relevant and actively traded cryptocurrency. As with any investment, it's important to conduct thorough research and understand the risks involved before investing in Dogecoin or any other cryptocurrency. The price of Dogecoin is often influenced by social media trends, celebrity endorsements, and broader market sentiment, making it a relatively volatile asset.