July 25, 2025 at 23:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Sees Volatility as Greed Index Rises and Musk's Influence Lingers

As of July 25, 2024, at 23:00 hours, Dogecoin (DOGE) is trading at $0.22412075498938. While the digital currency boasts a substantial 24-hour trading volume of $3,559,431,038.3765, it has experienced a price decrease of -6.75016983% in the last 24 hours.

Dogecoin currently has a circulating supply of 150,243,636,383.71 DOGE. Notably, the circulating supply mirrors the total supply at 150,243,636,383.71 DOGE, and there is no specified maximum supply. This contributes to a circulating market capitalization of $33,672,717,218.666.

Beyond the raw numbers, the Dogecoin narrative continues to be shaped by external factors, particularly market sentiment and the influence of prominent figures like Elon Musk. Recent headlines highlight the impact of these elements, with reports suggesting that a single statement from Musk has triggered another surge in DOGE's price.

This comes at a time when the broader crypto market is experiencing a heightened level of greed, as indicated by today's greed index reading of 71. This suggests that investors are increasingly willing to take on risk, potentially fueling speculative investments in assets like Dogecoin.

The combination of these factors has reignited discussions around Dogecoin's potential. Some analysts are even speculating whether DOGE could become the first meme coin to reach the $1 mark. While such predictions remain highly speculative, they underscore the continued interest and, arguably, the volatile nature of Dogecoin within the cryptocurrency landscape. Investors should exercise caution and conduct thorough research before making any investment decisions. The price of Dogecoin, like all cryptocurrencies, is subject to significant fluctuations and carries inherent risks.