Advertisement
February 26, 2025 | 3:17 PM UTC
Dogecoin (DOGE-USD) is up 5.11% in the last 24 hours, trading at $0.2114. The meme-based cryptocurrency has seen a daily low of $0.2027 and a high of $0.2135, reflecting renewed market enthusiasm.
- Previous Close: $0.2113
- 24-Hour Trading Volume: $1.91 billion
- Market Cap: $31.34 billion
- Circulating Supply: 148.21 billion DOGE
- 52-Week Range: $0.0808 – $0.4835
Why is Dogecoin Up?
- Market Rebound – After a broader crypto downturn, DOGE has gained momentum as traders return to riskier assets.
- Increased Whale Activity – Large transactions have surged, indicating renewed interest from big investors.
- Elon Musk Effect? – Speculation around Dogecoin’s integration into X (formerly Twitter) or Tesla-related use cases often influences its price.
Broader Market Trends
- Bitcoin (BTC-USD) is up 0.56% and Ethereum (ETH-USD) is up 3.19%, signaling a slight recovery in the crypto market.
- Despite today’s gains, Dogecoin remains 57% below its yearly high.
- Macroeconomic uncertainty, including tariff concerns and Fed policy, continues to weigh on investor sentiment.
If DOGE breaks above $0.22, it could push toward $0.25 in the short term. However, if it fails to hold $0.20, another pullback might occur.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile—conduct thorough research before making any financial decisions.