July 1, 2025 at 16:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an English article based on the data you provided, aiming for readability and providing some context.

Dogecoin (DOGE) Price Update: July 1, 2025, 4:00 PM (UTC)

As of July 1, 2025, at 4:00 PM UTC, Dogecoin (DOGE) is trading at $0.16173413211915. While the meme-inspired cryptocurrency maintains a strong presence in the market, it has experienced a slight dip in the last 24 hours.

Key Metrics:

• Current Price: $0.16173413211915
• 24-Hour Trading Volume: $794,470,080.18292
• 24-Hour Price Change: -2.35150541% (Decrease)
• Circulating Supply: 149,912,286,383.71 DOGE
• Total Supply: 149,912,286,383.71 DOGE
• Market Capitalization: $24,245,933,532.266

Analysis:

Dogecoin's current price reflects a minor pullback, with a 2.35% decrease in the last 24 hours. However, the significant 24-hour trading volume of over $794 million indicates continued active participation and interest in the cryptocurrency. This volume suggests that traders are actively buying and selling DOGE, potentially seeking to capitalize on price fluctuations.

The circulating supply of approximately 149.9 billion DOGE matches the total supply, indicating that all available Dogecoin have already been mined or released into circulation. This characteristic of Dogecoin has often been a point of discussion, as it lacks a maximum supply cap like Bitcoin, which can impact its long-term valuation and scarcity.

With a market capitalization of over $24 billion, Dogecoin remains a significant player in the cryptocurrency space, despite its origins as a lighthearted internet meme. Its continued relevance is fueled by a dedicated community, celebrity endorsements, and its adoption for various purposes, including tipping and charitable donations.

Considerations:

Investors and observers should closely monitor Dogecoin's price action and trading volume in the coming days. While the recent price decrease might be a temporary correction, it's crucial to consider the broader market trends and news surrounding Dogecoin.

It is important to note that cryptocurrency investments are inherently risky, and past performance is not indicative of future results. Investors should conduct thorough research and consult with a financial advisor before making any investment decisions.