Today's Dogecoin Update – May 5, 2025$
Price: Approximately $0.1711 USD
Change (24 hours): -2.3%
Market Cap: $25.45 Billion
Rank: Eighth largest coin
Trading Volume (24 hours): $665.89 Million
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Market Situation:
Dogecoin has faced volatility in recent days. A good increase was observed at the end of April, but now the price has come down a bit as investors are taking profits and the market has overall weakened.
According to experts, Dogecoin is currently at the "sweet spot of Cycle 3", meaning this could be the time when the market may improve again.
30-day change: +0.73%