June 13, 2025 at 20:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an English article based on the provided information, focusing on readability and incorporating the suggested themes of meme coin volatility and potential market fears:

Dogecoin (DOGE) Under Pressure: Price Dips Amidst Broader Meme Coin Sell-Off

As of June 13, 2025, at 20:00, Dogecoin (DOGE) is trading at $0.1757286203621, with a 24-hour trading volume of $1,950,600,211.2492. This represents a decrease of -6.26604775% in the past 24 hours. While the circulating supply of DOGE remains substantial at 149,668,306,383.71, with a circulating market cap of $26,301,004,992.741, the recent price action has raised concerns within the cryptocurrency community.

The decline in Dogecoin's value is occurring against a backdrop of a broader "meme coin" sell-off. Recent reports indicate that other popular meme coins, such as Shiba Inu (SHIB) and Pepe (PEPE), have also experienced significant drops. DOGE itself has fallen below the critical $0.20 mark, while SHIB has reached a new monthly low, and PEPE has seen a staggering $5 billion wiped from its market capitalization. This collective downturn has fueled anxieties of a potential market correction.

Adding to the uncertainty, the highly anticipated Dogecoin ETF has been delayed. The delay has further dampened investor sentiment, raising questions about the future prospects of the meme coin. The delay of the ETF has wiped out billions of dollars in market value.

The market is now asking if even Elon Musk, a vocal supporter of Dogecoin, can reverse the current trend. Some analysts are drawing parallels to the collapse of Terra Luna, a stablecoin project that experienced a catastrophic failure. While the circumstances are different, the rapid loss of value and the erosion of investor confidence in meme coins are causing some to fear a similar outcome.

The Dogecoin market remains highly volatile, and investors are advised to exercise caution and conduct thorough research before making any investment decisions. The meme coin market is often driven by social media hype and speculation, making it prone to sudden and dramatic price swings. The current downturn serves as a reminder of the inherent risks associated with investing in this asset class.

Key Takeaways:

• DOGE Price Decline: Dogecoin is currently trading at $0.1757286203621, down -6.26604775% in the last 24 hours.
• Meme Coin Sell-Off: A broader decline in meme coin values is contributing to the pressure on DOGE.
• ETF Delay: The delay of a Dogecoin ETF has negatively impacted market sentiment.
• Market Fear: Concerns are growing about a potential market correction and comparisons to past cryptocurrency failures.
• Investor Caution: Investors are urged to exercise caution and conduct thorough research.