Dogecoin current information as of 23.06.25
Current price: ~$0.317 USD (as of 22.06.2025).
Market capitalization: ~$46.79 billion USD, 9th place on CoinGecko.
24-hour trading volume: ~$1.63 billion USD, increase in activity.
Technical analysis:
Support: $0.28, resistance: $0.35.
RSI: ~60, close to overbought, possible correction.
50-day MA above 200-day MA, bullish trend.
Forecast: Potential growth to $1.50 by March-April 2026 if the bullish market continues.
Key factors:
Whale activity: +300 million DOGE ($94 million) recently purchased.
Support from Elon Musk and the community, influence of social media.
Growing adoption: payments at Dallas Mavericks, Newegg, airBaltic, and others.
Features:
Meme coin, created in 2013 as a fork of Litecoin, uses the Scrypt algorithm.
Unlimited supply, 147.44 billion DOGE in circulation.
Used for tipping on Reddit/Twitter, charity.
Risks: High volatility, dependence on hype, possible correction.
Note: Information for reference only, not financial advice.
