August 11, 2025 at 03:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Price Update: August 11, 2025 – Navigating Market Fluctuations

As of August 11, 2025, at 03:00 UTC, Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at $0.23422823961897. While the digital asset maintains a significant presence in the crypto market, it has experienced some volatility over the past 24 hours.

Key Metrics:

• Current Price: $0.23422823961897
• 24-Hour Trading Volume: $2,567,149,543.0088
• 24-Hour Price Change: -4.59981365% (Decrease)
• Circulating Supply: 150,463,276,383.71 DOGE
• Maximum Supply: (Uncapped)
• Total Supply: 150,463,276,383.71 DOGE
• Circulating Market Cap: $35,242,748,354.657

Market Analysis:

The price of Dogecoin has experienced a slight downturn of approximately 4.6% in the last 24 hours. Despite this decrease, the high 24-hour trading volume of over $2.5 billion indicates sustained interest and activity within the Dogecoin market. This volume suggests that traders are actively buying and selling DOGE, potentially in response to market sentiment, news events, or broader cryptocurrency trends.

Supply Dynamics:

Dogecoin has a very large circulating supply of over 150 billion coins. Notably, Dogecoin has an uncapped maximum supply. This differs from Bitcoin, which has a fixed maximum supply of 21 million coins. This difference in supply dynamics can influence the long-term price potential and perceived scarcity of the two cryptocurrencies.

Market Capitalization:

With a circulating market capitalization of over $35 billion, Dogecoin remains a significant player in the cryptocurrency landscape. Market capitalization is a key metric that reflects the total value of all circulating Dogecoin tokens and is a general measure of the asset's dominance and popularity within the crypto ecosystem.

Conclusion:

Dogecoin's price performance continues to be influenced by a combination of market sentiment, trading activity, and its unique supply characteristics. Investors and enthusiasts should closely monitor these factors to make informed decisions within the dynamic cryptocurrency market.