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February 26, 2025 | 12:49 PM EST
Dogecoin (DOGE) has slipped 0.74%, trading at $0.203085 as of 5:49 PM UTC. The meme-based cryptocurrency is down from its previous close of $0.2113, with a daily trading range between $0.202742 and $0.213452. Over the past month, Dogecoin has seen a sharp 34.13% decline, reflecting broader market volatility.
Dogecoin’s current market capitalization stands at approximately $30.099 billion, with a circulating supply of 148.21 billion DOGE. The 52-week price range for the asset extends from $0.080831 to $0.483510, highlighting significant price fluctuations over the past year. The 24-hour trading volume is estimated at $1.79 billion, indicating continued investor interest despite recent losses.
Despite the downturn, some experts believe Dogecoin could be on the verge of a major rebound. A recent analysis suggests that DOGE is nearing the end of its correction phase, with potential for a strong rally in the near future. Optimistic market predictions suggest Dogecoin could reach $0.30 to $0.50 by the end of 2025, assuming continued adoption and interest.
However, caution remains, as Dogecoin’s price trajectory has often been influenced by external factors such as social media trends and endorsements from high-profile figures like Elon Musk. Investors are advised to closely monitor the market for any major developments that could impact the asset’s movement.
Disclaimer: Cryptocurrency investments carry significant risks due to market volatility. This article does not constitute financial advice. Investors should conduct thorough research and consult a financial professional before making any investment decisions.