Dogecoin ATH: Last Time to Break ATH in May 2021!

Bittime - Dogecoin (DOGE), the largest meme coin by market capitalization recorded an all-time high (ATH) on May 8, 2021. 

However, compared to Dogecoin's ATH, DOGE's price has decreased by around 46.93%. Read this article to find out more!

Dogecoin ATH in May 2021

Sumber: Crypto News

ATH Dogecoin last broke at $0.731578 on May 8 2021. This moment was the peak of DOGE's journey as a meme coin. 

However, currently the DOGE price is around $0.387913, as of January 6 2025. Compared to this ATH, the DOGE price has decreased by around 46.93%.

Meanwhile, Dogecoin's all-time low (ATL) was $0.0000869 on May 6, 2015. When compared to the current price, DOGE has experienced an incredible increase of 446,630.2%. 

Read Also: How Much Did $DOGE First Appear?  

Dogecoin ATH: DOGE Performance in Early 2025

Source: Bittime.com

Based on the Bittime market, DOGE price today is around $0.38, with a slight decline of 0.58 in the last 24 hours as of writing this article, quite far from Dogecoin's ATH in May 2021.

Meanwhile, DOGE price movements over the last 7 days showed a significant increase of 22.46%, but in the last month DOGE experienced a decline of -10.81%.

With a 24-hour trading volume of $3.02 billion, DOGE price fluctuations are in the range of $0.377139 to $0.391336. 

This shows that even though DOGE's current price is far from Dogecoin's ATH, volatility remains a hallmark of the crypto market.

Dogecoin ATH: Dogecoin Market Cap 

Dogecoin currently ranks 7th in global crypto market capitalization, with a total market value of $57.25 billion. This figure shows the high interest in DOGE tokens. 

Meanwhile, DOGE's Fully Diluted Valuation (FDV) is around $57.27 billion, with The circulating supply is 147.47 billion DOGE, out of a total existing supply of 147.50 billion DOGE. 

Unlike Bitcoin which has a limited supply, Dogecoin is designed with an unlimited supply so that it is continuously available to meet market needs.

Even though the DOGE price is currently quite far from the ATH Dogecoin achieved in 2021, the potential to reach or even exceed this price remains. Some analysts predict that 2025 will be a bullish year for Dogecoin.

Read Also: Dogecoin (DOGE) Price Prediction: Could Reach $0.4 per Coin!  

Dogecoin FAQs

What is Dogecoin?

Dogecoin is a meme coin created in 2013 by Billy Markus and Jackson Palmer. Originally created as a joke, Dogecoin has now become one of the most popular crypto assets with a large and active community.

What is the Difference Between Dogecoin and Bitcoin?

Dogecoin has an unlimited supply, while Bitcoin has a maximum supply of 21 million coins. In addition, Dogecoin transactions are faster and have lower fees than Bitcoin, making them more suitable for everyday payments.

What is the use of Dogecoin?

Dogecoin is often used for online tipping, charitable donations, and micropayments. Apart from that, the community is also active in supporting social projects.

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Reference

Crypto News, Crypto News Dogecoin Price, accessed January 6, 2024.

Author: IPR