June 5, 2025 at 07:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an English article based on the provided Dogecoin data, aiming for readability and incorporating some related contextual information:

Dogecoin (DOGE) Price Update: June 5, 2025

As of 07:00 UTC on June 5, 2025, Dogecoin (DOGE) is trading at $0.18915208861782. While the meme-inspired cryptocurrency continues to capture attention, recent data reveals a slight dip in its value.

Over the past 24 hours, Dogecoin has experienced a -2.15962279% change in price, indicating a modest downward trend. This fluctuation is occurring amidst a substantial 24-hour trading volume of $775,859,075.2115, highlighting ongoing interest and activity in the DOGE market. This high trading volume suggests that even with the price decrease, Dogecoin remains a actively traded cryptocurrency.

The circulating supply of Dogecoin currently sits at 149,551,126,383.71 DOGE. The total supply is the same as the circulating supply: 149,551,126,383.71. With this supply, Dogecoin's current circulating market capitalization is $28,287,907,910.625.

Contextual Considerations:

Dogecoin's price is influenced by a complex interplay of factors, including:

• Market Sentiment: Dogecoin's origins as a meme coin mean it is particularly sensitive to social media trends, influencer endorsements, and general online buzz.
• Broader Cryptocurrency Market Trends: The overall performance of the cryptocurrency market, particularly Bitcoin (BTC) and Ethereum (ETH), often has a ripple effect on altcoins like Dogecoin.
• Utility and Adoption: While initially created as a joke, efforts to increase Dogecoin's utility through integrations with businesses and platforms can impact its long-term value.
• Community Activity: The strength and engagement of the Dogecoin community plays a significant role in its visibility and adoption.

Disclaimer: This article provides information based on data available as of the specified time. Cryptocurrency prices are highly volatile and subject to rapid change. This is not financial advice, and any investment decisions should be made after thorough research and consultation with a qualified financial advisor.