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February 25, 2025 | 12:26 PM EST
Dogecoin (DOGE-USD), the popular meme-based cryptocurrency, has dropped 9.59% over the past 24 hours, trading at $0.2055 as of 12:26 PM EST. The price decline follows a broader sell-off across the crypto market, with major assets experiencing heavy losses.
Dogecoin opened the day at $0.2103, reaching a high of $0.2132 and a low of $0.1970, reflecting volatility. The cryptocurrency’s 24-hour trading volume has climbed to $3.64 billion, indicating increased trading activity amid the downturn.
Over the past year, Dogecoin has traded between $0.0808 and $0.4835, highlighting its potential for both rapid gains and sharp corrections. The current market capitalization stands at $30.46 billion, with a circulating supply of 148.2 billion DOGE.
Despite its recent dip, Dogecoin remains a widely recognized cryptocurrency, often driven by community support and social media hype. Its long-term performance will depend on adoption, broader crypto trends, and possible developments in real-world use cases.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry inherent risks. Investors should conduct their own research and consult a financial advisor before making any investment decisions.