
(24-hour Dogecoin price trend)
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Dogecoin (DOGE) Surges as Bitcoin Stabilizes: Is the Bull Run Back On?
As of July 21, 2025, at 17:00, Dogecoin (DOGE) is making headlines with a price of $0.26942079724714. This surge is accompanied by a robust 24-hour trading volume of $6,268,137,474.3772, indicating strong market interest. Over the past 24 hours, DOGE has experienced a significant price increase of 6.83610085%.
The current circulating supply of Dogecoin is 150,185,616,383.71 DOGE, with a matching total supply of 150,185,616,383.71 DOGE. This translates to a circulating market cap of $40,463,128,501.151, positioning Dogecoin as a major player in the cryptocurrency landscape.
This positive momentum in the altcoin market coincides with a period of stabilization for Bitcoin. After a weekend of corrections, Bitcoin has found its footing around the $116,000 mark. Market analysts suggest that this stabilization is a crucial signal, indicating that the broader bull run may not yet be over, and that the $140,000 target remains within reach.
Recent market activity highlights a renewed interest in smaller market capitalization coins. One prominent example is the "accurate bottom-fishing" of DOGE, leading to gains of $1.496 billion in trading volume and enabling some traders to earn $1.64 million in profits. Is the next target of Dogecoin $0.275?
The cryptocurrency market in July has been characterized by what some are calling a "collective frenzy," driven by various factors. BONK has been observed as a "hoarding maniac," DOGE as an "emotional engine," and XTZ as a beneficiary of "whale pumps." This collective movement suggests that the season for small-cap coins may be upon us, at least in the short term.
The interplay between Bitcoin's stability and the resurgence of altcoins like Dogecoin paints a compelling picture for the cryptocurrency market. While the future remains uncertain, the current trends suggest a renewed appetite for risk and a potential continuation of the bull market. Investors and enthusiasts will be closely watching these developments to see if this upward trajectory can be sustained.
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