June 28, 2025 at 18:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an English article based on the Dogecoin information you provided, along with some context and analysis, designed to be readable and informative:

Dogecoin (DOGE) Shows Slight Gains Amidst Volatile Crypto Market

As of June 28, 2025, at 17:00 UTC, Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is trading at $0.16325119494314. While the broader cryptocurrency market continues to experience volatility, Dogecoin has demonstrated a modest upward trend, with a 0.97602959% increase in price over the last 24 hours.

This price movement is supported by a significant 24-hour trading volume of $565,623,952.59549, indicating sustained interest and activity in the Dogecoin market. This robust trading volume suggests that both buyers and sellers are actively participating, contributing to the coin's price discovery.

Currently, the circulating supply of Dogecoin is 149,872,076,383.71 DOGE. Importantly, Dogecoin has no maximum supply, and its total supply mirrors the circulating supply at 149,872,076,383.71 DOGE. This inflationary model distinguishes it from cryptocurrencies like Bitcoin, which have a capped supply.

With its current circulating supply and price, Dogecoin boasts a market capitalization of $24,466,795,558.249. This market capitalization places Dogecoin among the leading cryptocurrencies by market cap, highlighting its continued relevance and adoption within the digital asset space.

Analysis and Context:

Dogecoin's origins as a lighthearted internet meme have not prevented it from becoming a significant player in the cryptocurrency landscape. Its strong community support and widespread recognition contribute to its trading volume and market capitalization.

The absence of a maximum supply for Dogecoin is a key characteristic to consider. While this can lead to concerns about potential inflation over the long term, proponents argue that it allows for a more flexible and adaptable economic model.

The recent 0.97602959% price increase, while modest, could indicate a period of stabilization or renewed interest in Dogecoin. However, the cryptocurrency market is inherently volatile, and price fluctuations can occur rapidly based on a variety of factors, including broader market sentiment, regulatory developments, and news events.

Disclaimer: This information is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are inherently risky, and investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.