DOGE Drops 2.74% After Rally, Maintains $1.25B Volume and Top 10 Market Cap Status

Dogecoin (DOGE) is currently trading at $0.17226 on Binance, reflecting a 2.74% decline over the past 24 hours from an opening price of $0.17712. The recent price decrease follows a short-term rally in which DOGE outperformed the broader crypto market, rising 4.3% to $0.18 on June 17, 2025, amid increased trading activity and a surge in open interest. However, mixed market sentiment, ongoing regulatory uncertainty regarding crypto ETFs in the U.S., and profit-taking after the recent upswing have contributed to the current pullback. Despite the decline, Dogecoin remains highly liquid with a 24-hour trading volume exceeding $1.25 billion, a market capitalization near $27 billion, and ranks #8 by market cap, maintaining strong user engagement and significant trading activity.