July 7, 2025 at 19:00 Dogecoin latest price

(24-hour Dogecoin price trend)

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Dogecoin (DOGE) Sees Uptick Amid Altcoin Hype and Meme Coin Competition

As of July 7th, 2025, at 18:00, Dogecoin (DOGE), the original meme coin, is trading at $0.17137855546087. This comes with a 24-hour trading volume of $1,528,045,826.5673, indicating substantial market activity surrounding the cryptocurrency. Over the past 24 hours, Dogecoin has experienced a price increase of 4.20428007%, suggesting renewed interest from investors.

Dogecoin's circulating supply stands at 149,996,026,383.71 DOGE, which also represents its total supply. This gives Dogecoin a circulating market capitalization of $25,706,102,326.51, placing it firmly among the top cryptocurrencies by market cap.

This positive movement for DOGE coincides with broader speculation about a potential altcoin rally. Analysts are suggesting that altcoins, in general, could be poised for a significant surge, with some projecting gains as high as 76%. This optimistic outlook is likely contributing to the positive sentiment surrounding Dogecoin and other alternative cryptocurrencies.

However, Dogecoin isn't operating in a vacuum. The meme coin landscape is increasingly competitive. New entrants, such as Pepeto, are challenging the dominance of established players like Shiba Inu (SHIB) and Dogecoin. Recent reports suggest that Pepeto is vying for the title of "hottest cryptocurrency" in July, posing a potential threat to Dogecoin's market share and attention.

The coming weeks will be crucial in determining whether Dogecoin can maintain its momentum and fend off competition from emerging meme coins. The projected altcoin rally could provide a significant boost, but Dogecoin will need to continue to innovate and engage its community to remain a leading force in the ever-evolving cryptocurrency market. The battle for meme coin supremacy is clearly heating up.