July 11, 2025 at 16:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Sees a Price Surge: A Snapshot on July 11, 2025

As of 16:00 (4:00 PM) on July 11, 2025, Dogecoin (DOGE), the meme-inspired cryptocurrency, is trading at $0.1971547889502. This price point reflects a significant upward trend, with Dogecoin experiencing an 8.15626066% increase in value over the past 24 hours.

The surge in price is accompanied by robust trading activity. In the last 24 hours, Dogecoin has seen a trading volume of $2,342,053,080.2241, indicating strong interest and participation from investors and traders alike. This high volume suggests a dynamic market with considerable buy and sell pressure.

Currently, the circulating supply of Dogecoin is 150,048,866,383.71 DOGE. Importantly, Dogecoin has no maximum supply limit, and the total supply mirrors the circulating supply at 150,048,866,383.71 DOGE. This inflationary model differentiates Dogecoin from cryptocurrencies like Bitcoin, which have a capped supply.

The market capitalization of Dogecoin, based on its circulating supply and current price, stands at $29,582,852,584.097. This puts Dogecoin among the top cryptocurrencies in terms of market capitalization, highlighting its continued relevance and adoption within the broader cryptocurrency ecosystem.

Context and Considerations:

While the provided data gives a snapshot of Dogecoin's performance at a specific point in time, it's crucial to consider the broader context. The cryptocurrency market is known for its volatility, and Dogecoin is no exception. Factors that can influence Dogecoin's price include:

• Market Sentiment: Dogecoin is particularly sensitive to social media trends and online communities. Positive or negative sentiment can rapidly impact its price.
• Broader Cryptocurrency Market Trends: The overall performance of the cryptocurrency market, including Bitcoin and other major altcoins, often influences Dogecoin's price movements.
• Adoption and Use Cases: Increased adoption of Dogecoin for payments, tips, or other applications can drive demand and potentially increase its value.
• Elon Musk's Influence: Elon Musk, the CEO of Tesla and SpaceX, has been a vocal supporter of Dogecoin. His tweets and public statements have often had a significant impact on Dogecoin's price.
• Regulatory Developments: Government regulations and policies related to cryptocurrencies can have a significant impact on the entire market, including Dogecoin.

Conclusion:

The data from July 11, 2025, paints a picture of Dogecoin experiencing a positive price surge accompanied by high trading volume. However, as with any cryptocurrency investment, it is essential to conduct thorough research, understand the inherent risks, and consider the broader market context before making any decisions. This information should not be considered financial advice.