
(24-hour Dogecoin price trend)
Okay, here's an English article based on the data you provided, incorporating the context of the meme coin market downturn:
Dogecoin (DOGE) Slides Amidst Meme Coin Market Turmoil
As of June 13, 2025, at 19:00, Dogecoin (DOGE) is trading at $0.17424425244447, with a 24-hour trading volume of $1,961,609,181.97. While this volume indicates significant market activity, the price has experienced a concerning decrease of -7.47261983% over the past 24 hours.
Dogecoin currently has a circulating supply of 149,667,406,383.71 DOGE and a total supply of 149,667,406,383.71 DOGE. The circulating market capitalization stands at $26,078,685,340.631.
This price dip occurs within a broader context of a significant downturn in the meme coin market. Recent reports indicate a widespread "meme coin crash," with Dogecoin itself falling below the $0.20 mark. Other prominent meme coins are also suffering, with Shiba Inu (SHIB) reaching a monthly low and Pepe (PEPE) reportedly seeing a staggering $5 billion wiped from its market capitalization. This widespread decline suggests a growing sense of panic and risk aversion within the meme coin sector.
Adding to the negative sentiment, there have been reports of a potential delay in the approval of a Dogecoin (DOGE) ETF. This news has further dampened enthusiasm, raising concerns about the future prospects of the cryptocurrency. Some analysts are even questioning whether even the support of figures like Elon Musk can bolster DOGE in the face of these headwinds. Comparisons are being drawn to the collapse of Luna, a cautionary tale of rapid decline in the cryptocurrency world.
The recent price action and the broader market context suggest a challenging period for Dogecoin. While the meme coin retains a large community and substantial trading volume, its future trajectory hinges on its ability to weather the current market storm and overcome the growing investor skepticism.
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