August 5, 2025 at 16:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Price Update: August 5, 2025

As of August 5, 2025, at 16:00 hours (4:00 PM), Dogecoin (DOGE) is trading at $0.20299186854642**. The popular meme-inspired cryptocurrency has seen significant trading activity in the last 24 hours, with a reported trading volume of **$1,724,387,481.2969.

While Dogecoin remains a widely recognized cryptocurrency, its price has experienced a slight downturn in the past day. The price has decreased by -0.00694264% over the last 24 hours, indicating a period of consolidation or minor correction in the market.

Circulating Supply and Market Capitalization

Dogecoin boasts a substantial circulating supply, currently sitting at 150,389,196,383.71 DOGE. Notably, the total supply of Dogecoin matches the circulating supply at 150,389,196,383.71 DOGE, implying that all mined or created Dogecoin is currently in circulation. Dogecoin does not have a maximum supply.

This circulating supply contributes to a significant market capitalization of $30,527,783,983.122. This market capitalization places Dogecoin among the top cryptocurrencies, highlighting its continued relevance and adoption within the broader crypto ecosystem.

Considerations for Investors

Dogecoin, initially created as a lighthearted joke, has evolved into a significant player in the cryptocurrency market. However, it's important for potential investors to remember that Dogecoin's price can be highly volatile and is often influenced by social media trends and celebrity endorsements. As with any cryptocurrency investment, thorough research and a clear understanding of the associated risks are crucial before making any decisions. While Dogecoin's large market cap and circulating supply indicate a level of stability, its susceptibility to social media influence makes it a riskier investment compared to more established cryptocurrencies like Bitcoin.