
(24-hour Dogecoin price trend)
Okay, here's an article based on the information you provided, designed for readability and clarity. I've added context and some common elements you might find in a crypto market update:
Dogecoin (DOGE) Market Update: August 11, 2025, 07:00 UTC
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is currently trading at $0.23286416287285 as of 07:00 UTC on August 11, 2025. While DOGE maintains a significant presence in the cryptocurrency market, recent trading activity indicates a slight pullback.
Key Metrics:
- Current Price: $0.23286416287285
- 24-Hour Trading Volume: $2,296,478,828.3377
- 24-Hour Price Change: -3.08712539%
The 24-hour trading volume remains robust at over $2.29 billion, suggesting continued interest and activity surrounding Dogecoin. However, the price has experienced a decrease of approximately 3.09% over the past 24 hours. This downturn could be attributed to a variety of factors, including broader market trends, profit-taking after recent gains, or specific news events impacting Dogecoin sentiment.
Supply and Market Capitalization:
- Circulating Supply: 150,465,756,383.71 DOGE
- Total Supply: 150,465,756,383.71 DOGE
- Market Capitalization: $35,038,082,401.321
Dogecoin's circulating supply is currently equal to its total supply, indicating that all available DOGE tokens are already in circulation. With a circulating supply of over 150 billion tokens, Dogecoin's market capitalization stands at approximately $35.04 billion, solidifying its position as a major cryptocurrency by market cap.
Analysis and Outlook:
While the current price action shows a slight negative trend, it's important to consider the broader context of the cryptocurrency market. Dogecoin's performance is often influenced by social media trends, community support, and endorsements from prominent figures. Traders and investors should carefully monitor these factors, along with technical indicators and overall market sentiment, to make informed decisions.
Disclaimer: This is not financial advice. Cryptocurrency investments are inherently risky. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
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