August 4, 2025 at 22:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an English article based on the information you provided. I've aimed for readability and incorporated the context of potential bullish sentiment around Dogecoin.

Dogecoin (DOGE) Shows Signs of Life: Price Surges Amid Bottom Formation and Whale Activity

As of August 4th, 2025, at 22:00 UTC, Dogecoin (DOGE) is trading at $0.20579718486147, reflecting a notable 4.20199556% increase over the past 24 hours. This positive movement is accompanied by a substantial 24-hour trading volume of $1,509,032,596.7013, indicating heightened market activity surrounding the meme-inspired cryptocurrency.

With a circulating supply and total supply both at 150,379,186,383.71 DOGE, and a circulating market capitalization of $30,947,613,219.526, Dogecoin maintains a significant presence within the cryptocurrency landscape.

However, the recent price surge is fueled by more than just general market momentum. Analyst reports suggest a potential bottom formation for DOGE, sparking renewed interest from investors. Specifically, reports indicate that approximately 1.24 billion USD has flowed into DOGE, driven by speculation that the cryptocurrency is poised for a significant upward move.

A key price level to watch is $0.195. According to various analyses, holding above this level could signal a strong bullish continuation for Dogecoin. Failure to maintain support at $0.195, on the other hand, could invalidate the bottom formation thesis and lead to further price corrections.

The combination of technical indicators suggesting a bottom, coupled with substantial capital inflows, paints a potentially optimistic picture for Dogecoin in the near term. While the cryptocurrency market is inherently volatile, these factors suggest that DOGE is currently experiencing a period of renewed interest and potential upward momentum. Investors are advised to conduct thorough research and exercise caution before making any investment decisions.