Dogecoin

DOGE · Layer-1
Checked
Oct 18 2026
The big picture
5.5 / 10Total score0510
Supply + DemandMax. 10
Hold DOGE? We'll warn you first.
Free · 2 coins

Coming next

No single dated event in the next 90 days.

Metric 1 of 3

DOGE · Coin Supply

Miners get new DOGE every block. Nothing takes any back.

1.5 / 5Meme coin
Age12 yearssince Dec 2013
Unlocked100%of total supply
Last 90 days+0.78%new supply
Next 90 days+0.78%estimate

DOGE is Dogecoin, a mined coin with no cap: 156.28B coins circulate, all of them unlocked. Miners are paid in new DOGE.

Sell pressure. Mining is the only new supply: 1.23B DOGE in 90 days, 10,000 coins a block. Nothing vests, and the development fund's 5.0M DOGE already counts as circulating.

Buy pressure. Nothing buys DOGE back and no fee is burned, so the buy side is 0.

Net. Net, supply grows about 0.78% in 90 days, and the same next.

Inflation
Last 90 Days
+0.78%
checked · Oct 11 2026
Net flow: 0.78% of supply goes to market over 90 days
Next 90 Days
+0.78%
estimate
Net flow: 0.78% of supply goes to market next 90 days
Supply growing · projected to keep growing
Sell pressure
1. Protocol inflation
~1.23B DOGE

Every Dogecoin block pays the miner 10,000 new DOGE, with no halving and no cap. Blocks came slower than the one-a-minute target (about 63 seconds each), so 122,658 blocks in these 90 days made 1,226,580,000 new DOGE — about 13.6M a day. Nothing in the code is set to change, so the next 90 days should look the same.

checked · Oct 11 2026
2. Vesting unlocks
0

Dogecoin launched in December 2013 with no premine, no sale and no team or investor share. Every coin ever made came from mining, so there is nothing to vest.

permanent · no change
3. Foundation + unscheduled unlocks
0

The only team-run wallet we track is the Core development fund, a 3-of-5 wallet run by developers and the Foundation: 5.0M DOGE, unchanged this window. It pays 500,000 DOGE to contributors with each new Core release, and none has shipped since December 2024. The Foundation's listed company reported holding no DOGE at the end of June. All of it already counts as circulating, so a payout adds no new supply.

checked · Oct 11 2026
4. Long-term locked or bankruptcy
0

No bankruptcy estate or long lock holds DOGE. A listed treasury company sold its roughly 463M DOGE (reported Aug 24 2026) and one DOGE fund closes on Oct 14 2026, but those coins were bought in the market and already sat in the float.

checked · Oct 11 2026
Buy pressure
1. Programmatic buyback
0

Dogecoin has no revenue and nothing buys DOGE back. Fees are small and go to the miners.

checked · Oct 11 2026
2. Protocol fee burn
0

No fee is destroyed. People did send about 17 DOGE to unspendable addresses in these 90 days, which is too small to count.

checked · Oct 11 2026
3. Foundation buy
0

No Foundation or project treasury bought DOGE this window. Company buyers bought in the market, which moves coins between holders.

checked · Oct 11 2026
4. New long-term lock
0

Dogecoin has no staking and no lock contract. Coins held by funds and bridges still count as circulating, so they take nothing out of the float.

checked · Oct 11 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M DOGE)
1226.580
1226.580
Buy total (M DOGE)
0.000
0.000
Sell % of circ
+0.785%
+0.785%
Buy % of circ
0.000%
0.000%
Net inflation %
+0.785%
+0.785%
Circulating supply: 156279.336M DOGE
Read the full Inflation Analysis
DOGE: miners get 10,000 new coins every block, and nothing takes any back.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

DOGE · Coin Demand

Two sides: how much people want DOGE right now, and how much buying could come later.

4 / 5Strong

Current demand2.5 / 2.5

This part is based on social media. It shows how hot DOGE is right now. A better rank means more people are talking about it.

DOGE on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#9 · Oct 11 2026

Today, people are talking about DOGE for two reasons:

  1. 1
    Bitwise closed its Dogecoin fund and pays out cash on Oct 22.

    The Bitwise Dogecoin ETF (BWOW) stopped trading on Oct 14 2026 and sold its DOGE for cash that day. Holders get the cash value of their shares on Oct 22 2026. People ask if big funds are losing interest in DOGE.

  2. 2
    Big wallets added about 600 million DOGE this week.

    Between Oct 12 and Oct 16 2026, large holders grew their balances from about 55.6 billion to 56.2 billion DOGE. Still, DOGE slipped about 7% in a week to near $0.080. People ask if the big buyers can stop the slide, or if $0.08 breaks.

Checked Oct 17 2026

Metric 3 of 3

DOGE · Price DriversBeta

The few things that can move DOGE's price that supply and demand miss.

1 · Elon Musk

Watch
Musk backs DOGE → price upMusk drops DOGE → price down
  1. Nov 12 2024Trump names Musk to DOGE
  2. Jan 20 2025D.O.G.E. office starts
  3. May 30 2025Musk leaves D.O.G.E.
  4. Jun 5 2025Musk-Trump feud
  5. Mar 10 2026X Money set, no DOGE
  6. Today

No Musk DOGE news yet; X Money still has no DOGE.

Data
DateWhat happened / what is coming
Nov 12 2024Trump names Musk to DOGE
Jan 20 2025D.O.G.E. office starts
May 30 2025Musk leaves D.O.G.E.
Jun 5 2025Musk-Trump feud
Mar 10 2026X Money set, no DOGE
Checked Oct 11 2026

2 · Robinhood's wallet

Quiet
Wallet grows → price upWallet shrinks → price down
Robinhood cold wallet
262830323436202420252026-2.7B out-1.5B out-1.7B out27.2B DOGE
262830323436202420252026-2.7B out-1.5B out-1.7B out27.2B DOGE

Down 5.8B DOGE since Jan 2024; flat for 383 days.

Data
DateRobinhood cold wallet
Jul 31 202627.2 B DOGE
Aug 31 202627.2 B DOGE
Sep 30 202627.2 B DOGE
Oct 18 202627.2 B DOGE
Checked Oct 17 2026

Should you buy DOGE? Questions about DOGE

Is it time to buy the Dogecoin dip?

Supply and demand point to a mixed long-run signal for Dogecoin (Oct 18 2026, score 5.5/10). Dogecoin adds +0.78% new supply in 90 days, and demand reads strong (4/5). Dogecoin's price drivers: 0 ▲ price up, 0 ▼ price down.

How fast is the Dogecoin supply growing?

About +3.19% a year at today's pace, or +0.79% in the next 90 days. Dogecoin has no max supply, so new coins never stop. That is why its supply scores just 1.5/5 on our framework, even with strong demand at 4/5. For Dogecoin, the supply-and-demand signal is mixed right now.

Dogecoin or Cardano: which one looks stronger now?

Cardano, by a small margin. It scores 6/10 and Dogecoin 5.5/10 (Oct 11 2026), both mixed. Dogecoin has more demand (4/5 against 3/5), but its supply grows +3.19% a year against Cardano's +1.24%, and that extra supply likely holds it back. Our supply-and-demand read for Dogecoin stays mixed.

Could Dogecoin ever hit $1?

Dogecoin trades near 8.52 cents (Oct 18 2026). $1 a coin means a $156B market cap, 12 times today's $13.3B. Dogecoin's supply also grows +3.18% in the next year, so every extra coin needs buyers too. Supply and demand still read mixed for Dogecoin in the long run.

Is it time to take profit on Dogecoin?

We would read Dogecoin differently if new supply keeps arriving (+0.78% in 90 days), or demand falls from strong. Until then Dogecoin's signal stays mixed.

Is Dogecoin a good investment right now?

Dogecoin scores 5.5/10 on our framework (Oct 18 2026): supply 1.5/5 (meme coin), demand 4/5. Over the next year Dogecoin's supply changes +3.18%. The long-run signal is mixed.

How do I know when to buy Dogecoin?

Supply and demand favor Dogecoin most when little new supply is coming, demand is strong and the price drivers point up. Right now Dogecoin has +0.78% new supply in 90 days (meme coin), demand strong (4/5), drivers 0 ▲ / 0 ▼.

Will Dogecoin go up in 2026?

Dogecoin's price drivers today: 0 pointing up, 0 pointing down, out of 2. • Elon Musk: No Musk DOGE news yet; X Money still has no DOGE. • Robinhood's wallet: Down 5.8B DOGE since Jan 2024; flat for 383 days.

Should I buy Dogecoin or Bitcoin?

Dogecoin: mixed signal, 5.5/10 · Bitcoin: positive signal, 8.5/10 (Oct 18 2026). By supply and demand, Dogecoin reads weaker than Bitcoin today.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is +0.78% shown in red?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. DOGE supply grows +0.78% in the next 90 days, so it shows in red: more DOGE reaches the market than is removed. Zero or falling supply is always green, any growth is red.

What do Watch DOGE alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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