February 22, 2025 at 16:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Experiences Slight Dip Over Past 24 Hours

As of February 22, 2025, 4:00 PM UTC, Dogecoin (DOGE) is trading at $0.24341919008257. Over the past 24 hours, the token's price has experienced a decrease of -3.91702788%.

Key Metrics:

• Trading volume: $2091369531.2543 over 24 hours
• Circulating supply: 148,149,116,383.71
• Maximum supply: Unlimited
• Total supply: 148,149,116,383.71
• Market capitalization: $36,062,337,921.57

Recent Price Trends:

DOGE's price has been on a general upward trend in recent months, supported by strong community support and increased acceptance as a payment method. However, the token has encountered a slight correction in the past 24 hours, resulting in the current price dip.

Factors Influencing Price:

The decline in DOGE's price could be attributed to profit-taking after a recent price surge. Additionally, broader market conditions, including volatility in the cryptocurrency sector, may have influenced the token's movement.

Outlook:

Despite the recent dip, DOGE has maintained a strong support level and is expected to recover in the long run. The token's fundamentals, including its large community and increasing adoption, remain positive.