Department of Government Efficiency (DOGE) Overview

The Department of Government Efficiency (DOGE) is a cryptocurrency that has been experiencing notable fluctuations in its market performance. As of May 2, 2025, the close price of DOGE was recorded at $0.000246873. This price point reflects a significant decrease from its 52-week high of $0.174701, which was observed on May 25, 2024. Conversely, the 52-week low for DOGE was $0.000138387, noted on October 24, 2024. These figures highlight the volatility inherent in the cryptocurrency market.

Market Capitalization

The market capitalization of DOGE stands at $128,283.075. This valuation is a critical metric for investors and analysts, providing insight into the overall market value of the cryptocurrency. Market capitalization is calculated by multiplying the total supply of the cryptocurrency by its current market price. Despite the fluctuations in price, the market cap offers a snapshot of DOGE’s standing in the broader cryptocurrency ecosystem.

Recent Trends and Analysis

The recent performance of DOGE indicates a downward trend from its peak in May 2024. The decline from the 52-week high to the current price suggests a bearish sentiment among investors during this period. However, the recovery from the 52-week low indicates resilience and potential for future growth. Investors and market analysts will likely monitor these trends closely to gauge the cryptocurrency’s future trajectory.

Conclusion

The Department of Government Efficiency (DOGE) remains a subject of interest within the cryptocurrency community due to its volatility and market dynamics. With a current close price of $0.000246873 and a market cap of $128,283.075, DOGE’s performance continues to reflect the broader trends and sentiments within the crypto market. As the market evolves, stakeholders will keep a close watch on DOGE’s price movements and market capitalization to make informed decisions.