The cryptocurrency market kicks off 2025 with Dogecoin (DOGE) price maintaining strong momentum, trading at $0.34 as it solidifies its position as the seventh-largest cryptocurrency by market capitalization. With a market cap exceeding $50 billion and substantial daily trading volumes, DOGE continues to capture investors' attention.

Check why the Dogecoin price is rising today and explore the most up-to-date DOGE predictions for 2025.

Dogecoin News: Market Performance and Current Status

The meme-inspired cryptocurrency demonstrates remarkable resilience, maintaining price levels above $0.30 despite minor fluctuations. Trading volume remains robust at $3.2 billion in the last 24 hours, indicating sustained market interest.

Key Performance Metrics:

• Current Price: $0.34
• Market Cap: $50.2 billion
• 24h Trading Volume: $3 billion
• Year High: $0.48
• Year Low: $0.07

On Thursday, January 2, 2025, Dogecoin is up 5.4% on Binance, crossing the 50 EMA for the first time since mid-December, which currently serves as a dynamic resistance zone.

Buyers' dominance is also evident in other cryptocurrencies. Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term is up 3.6%, reaching $96,660, while XRP leads the gains with a 15.5% surge, testing $2.40. Meanwhile, Solana strengthens by 10%, climbing to $208.50.

This trend is also reflected in the liquidation of leveraged positions over the past 24 hours. Out of $181 million in liquidations, $132 million are shorts, including $8 million in short positions on DOGE.

Why Is Dogecoin Price Up Today? Whale Activity and Institutional Interest

A significant development driving DOGE's current momentum is the unprecedented whale activity observed at the start of 2025. Large investors moved an astounding $258 million worth of DOGE in a single day, with transactions including 466.8 million DOGE followed by another 350 million DOGE transfers.