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February 24, 2025, 10:16 AM EST – Dogecoin (DOGE-USD) is trading at $0.2269, marking a 6.97% decline (-$0.0170) as of 10:16 AM EST. The meme-based cryptocurrency opened at $0.2430 and has fluctuated between $0.2239 and $0.2436 in today’s session.
Dogecoin, one of the most popular altcoins, holds a market capitalization of $33.53 billion, with a circulating supply of 148.18 billion DOGE. Over the past 24 hours, $1.47 billion worth of Dogecoin has been traded, indicating strong market activity despite the downturn.
The decline in Dogecoin’s price comes amid a broader cryptocurrency pullback. Bitcoin and Ethereum have also faced losses, while global markets are showing mixed signals. In the U.S. pre-market session, equities like Nike, American Express, and Oracle are trading higher, whereas Apple, Domino’s, and Dell have experienced early losses. Meanwhile, bond yields remain stable, and the U.S. dollar index has strengthened, putting pressure on riskier assets like cryptocurrencies.
Dogecoin has traded within a 52-week range of $0.0808 to $0.4835, reflecting high volatility. Despite recent losses, DOGE remains a widely watched asset, particularly as speculative interest and social media-driven hype continue to influence its price movements.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct thorough research or consult financial experts before making investment decisions.