Dogecoin had a circulating supply of 156.078 billion DOGE in September 2026, according to CoinGecko, and new coins arrive at a permanent reward of 10,000 Dogecoin per block. Because that reward never changes while the base keeps growing, the inflation rate drifts a little lower every year. The Dogecoin statistics below start from that supply base, where the trackers already disagree: CoinMarketCap shows a circulating supply of 171.79 billion DOGE.
The figures combine network data from BitInfoCharts and Blockchair, market data from CoinGecko and CoinMarketCap, the Dogecoin Core documentation, and the SEC filings of three spot ETFs and a listed treasury company. Those three ETFs held about 0.096% of the circulating supply at the end of June 2026, and Bitwise announced its decision to liquidate and close the Fund, effective September 10, 2026.
Key Takeaways
- CoinGecko and CoinMarketCap differ by about 15.7 billion DOGE in circulating supply, so CoinMarketCap’s market cap reads $16.68 billion against $15.168 billion on CoinGecko.
- BitInfoCharts counted 150,565,632,169 DOGE on August 15, 2025 and 156,118,212,169 DOGE in September 2026, an increase of 5,552,580,000 coins.
- At a fixed block reward and one-minute blocks, scheduled issuance works out to about 5.256 billion DOGE a year, or roughly 3.37% of circulating supply.
- The top 100 addresses held 66.19% of all DOGE in September 2026, up from 63.81% in August 2025.
- Addresses richer than $1,000 numbered 388,032 in August 2025 and 218,613 in September 2026, a 43.7% decline.
- The Grayscale, 21Shares and Bitwise spot ETFs held about 149.9 million DOGE combined as of June 30, 2026, less than the 533,060,905 Dogecoin one treasury company reported at March 31, 2026.
Editor’s Choice
- Circulating supply: 156.078 billion DOGE on CoinGecko.
- Total supply: 171.791 billion DOGE on CoinGecko.
- Price: $0.097115 per DOGE on CoinMarketCap.
- All-time high: $0.7376 on May 08, 2021, per CoinMarketCap.
- Network hashrate: 2.83 P hash/s on BitInfoCharts.
- Active addresses in 24 hours: 29,088 on BitInfoCharts.
- DOJE fund assets: $13,127,500 as of 09/24/2026.
Dogecoin Statistics on Circulating Supply in 2026
- CoinGecko reports a Market Cap / FDV ratio of 0.91 and a Fully Diluted Valuation of $16.695 billion.
- CoinMarketCap lists a live market cap of $16,683,538,866 and says the max. supply is not available.
- The two trackers’ market caps sit about $1.52 billion apart for the same coin at nearly the same moment.
- The BitInfoCharts count of all existing coins sits within about 40.2 million DOGE of the CoinGecko circulating figure.
- Any Dogecoin market cap is only meaningful with the tracker named beside it.
| Tracker | Circulating supply | Total supply | Max supply |
|---|---|---|---|
| CoinGecko | 156.078 billion | 171.791 billion | ∞ |
| CoinMarketCap | 171.79 billion | 171.79 billion | ∞ |
| BitInfoCharts (all existing coins) | 156,118,212,169 | n/a | n/a |
Source: CoinGecko, CoinMarketCap and BitInfoCharts, September 26, 2026
About This Data
- Compiled from 22 sources: 20 primary sources and 2 market-data trackers.
- The primary sources are SEC filings, ETF sponsor pages, Dogecoin Foundation and Dogecoin Core documentation, GitHub, and BitInfoCharts and Blockchair network data.
- Sources were published or captured between August 2025 and September 2026, and only primary or original data qualified.
- Figures are reviewed on a rolling basis and updated when the trackers and fund sponsors publish new data.
Dogecoin Block Reward Schedule
- Dogecoin’s own FAQ says there were approximately 100,000,000,000 coins in early 2015, about a year and a half after launch.
- In the early schedule, the block rewards are fixed and halve every 100,000 blocks.
- Starting with the 600,000th block, a permanent reward of 10,000 Dogecoin per block replaced the halving steps.
- The original random payout was changed starting with block 145,000, to prevent large pools from gaming the system.
- At the same point, the difficulty retargeting was also changed from four hours to once per block (every minute).
- Dogecoin uses a simplified variant of the scrypt key derivation function as its proof of work with a target time of one minute per block.
- Where Bitcoin’s fixed supply schedule keeps halving toward a hard cap, Dogecoin stopped halving and froze its reward, so its supply grows in a straight line.
Recent Developments
- September 24, 2026: REX-Osprey’s DOJE reported a NAV of $8.86 with 1,475,000 shares outstanding.
- September 10, 2026: Bitwise said the last day of trading for the Fund on the NYSE Arca, Inc. (“NYSE”) is expected to be Wednesday, October 14, 2026, and on Thursday, October 22, 2026, the remaining shareholders will receive the net asset value of their shares as of October 21, 2026, distributed in cash.
- September 10, 2026: The Dogecoin Core repository on GitHub recorded its last commit on 2026-09-10, per BitInfoCharts.
- August 31, 2026: CleanCore Solutions, the Dogecoin treasury company, changed its corporate name to Zone Frontier Inc., effective on August 31, 2026.
- August 27, 2026: 21Shares’ TDOG began valuing its shares and calculating its net asset value by reference to the FTSE Dogecoin Index in place of the CF Dogecoin-Dollar US Settlement Price Index.
- June 30, 2026: Grayscale’s Dogecoin trust held 105,075,919 DOGE, up from 33,476,017 DOGE at December 31, 2025, according to its August quarterly filing.
Dogecoin Annual Supply Increase and Inflation Rate
- BitInfoCharts shows a 24-hour reward of 13,620,000+8182 DOGE.
- Blockchair’s inflation_24h field equals 13.63 million DOGE of new supply for the same kind of window.
- Realized issuance between the two dated BitInfoCharts snapshots averaged about 13.63 million DOGE a day.
- Annualized, that pace adds about 4.98 billion DOGE a year, a little under the one-block-a-minute target.
- Measured against the August 2025 base, the realized inflation rate was about 3.3%.
- The Dogecoin Foundation says Dogecoin’s issuance does not have an end date and that this annual issuance is needed to pay miners and keep the network secure.
- The same page contrasts Bitcoin, which theoretically will see its yearly issuance stop completely in 2140.
By the numbers: Two dated BitInfoCharts snapshots show 5,552,580,000 new DOGE, or about 13.63 million a day. That annualizes to roughly 3.3% of the starting supply, which fits a permanent reward of 10,000 Dogecoin per block and a falling rate as the base grows.
| Issuance measure | Value |
|---|---|
| Reward per block (DOGE) | 10,000 |
| Blocks in the last 24 hours (BitInfoCharts) | 1,362 |
| Blocks in the last 24 hours (Blockchair) | 1,363 |
| DOGE in existence, August 15, 2025 | 150,565,632,169 |
| DOGE in existence, September 26, 2026 | 156,118,212,169 |
Source: Dogecoin Core FAQ, BitInfoCharts and Blockchair, August 2025 and September 2026
Dogecoin Price, Market Cap and All-Time High
- CoinMarketCap says Dogecoin is down 0.53% in the last 24 hours, and the current CoinMarketCap ranking is #11.
- CoinGecko shows a 24h Range of $0.09687 to $0.0997 and a 7d Range of $0.08451 to $0.1056.
- BitInfoCharts quotes 1 DOGE = $0.098, down from 1 DOGE = $0.231 on August 15, 2025, a drop of about 57.6%.
- Market capitalization on BitInfoCharts fell from $34,756,222,295 to $15,232,872,094 over the same stretch.
| Metric | CoinGecko | CoinMarketCap |
|---|---|---|
| Market cap | $15.168 billion | $16.68 billion |
| Fully diluted valuation | $16.695 billion | $16.68 billion |
| 24-hour trading volume | $748.843 million | $842.48 million |
| All-time high | $0.7316 | $0.7376 |
| All-time low | $0.0000869 | $0.00008547 |
| Distance below all-time high | 86.7% | 86.83% |
Source: CoinGecko and CoinMarketCap, September 26, 2026
Will DOGE ever hit $1?
Not so far. CoinMarketCap puts the all-time high at $0.7376 on May 08, 2021, so a $1 price would sit about 1.36 times above that peak and about 10.3 times above the current price. SQ Magazine does not forecast prices.
Dogecoin Price Over the Past Year
- 21Shares reported a 22.22% decrease in the price of Dogecoin, from $0.09 on March 31, 2026 to $0.07 on June 30, 2026.
- CleanCore Solutions used a fair value of $0.092303 as of March 31, 2026, to value its holdings.
- Bitwise priced its trust with the CF Dogecoin-Dollar US Settlement Price (“DOGEUSD_NY”) price of $0.072199 on June 30, 2026.
- Grayscale’s quarter-end price fell about 58.8% from June 30, 2025, to June 30, 2026.
Dogecoin Transactions, Fees and Active Addresses
- Daily transactions fell about 40.6% between the August 2025 and September 2026 BitInfoCharts snapshots, and daily active addresses fell about 44.9%.
- Blockchair’s API counts 418,816,389 total transactions on the chain and 27,460 transactions in 24 hours.
- The average transaction moved 79,497 DOGE ($7,757), down from 125,685 DOGE ($29,013) a year earlier.
- Coins sent in 24 hours equaled 1.33% of market cap, against 3.67% of market cap in August 2025.
- Measured in DOGE, the average fee rose from 0.317 DOGE to 0.422 DOGE. The dollar cost still fell because the coin lost more than half its value over the same period.
| Metric | August 15, 2025 | September 26, 2026 |
|---|---|---|
| Transactions in 24 hours | 43,915 | 26,094 |
| Active addresses in 24 hours | 52,839 | 29,088 |
| DOGE sent in 24 hours | 5,519,458,724 | 2,074,403,497 |
| Average transaction fee ($) | 0.073 | 0.041 |
| Median transaction fee ($) | 0.0052 | 0.0095 |
| Median transaction value ($) | 74.49 | 61.49 |
Source: BitInfoCharts, August 15, 2025 (Internet Archive) and September 26, 2026
Dogecoin Mining Hashrate, Difficulty and Rewards
- BitInfoCharts shows a reward per block of 10,000+6.01 DOGE in September 2026, against a reward per block of 10,000 + 11.14 DOGE in August 2025.
- Mining profitability per GHash/s fell about 62.1% between the two snapshots, even as hashrate rose.
- On the day of capture, hashrate was up +6.11% in 24 hours, and difficulty was up +6.28% in 24 hours.
- Blockchair reports a difficulty of 39,628,269, below BitInfoCharts’ figure, because the two services sample the network at different moments.
- Miners face the squeeze our Bitcoin statistics also track: price falling faster than difficulty.
| Mining metric | August 15, 2025 | September 26, 2026 |
|---|---|---|
| Hashrate (P hash/s) | 2.53 | 2.83 |
| Difficulty (million) | 37.14 | 41.46 |
| Profitability (USD per day per GHash/s) | 1.2417 | 0.4705 |
| Reward per block ($) | 2,310.95 | 976.31 |
| Reward in 24 hours ($) | 3,142,890.12 | 1,329,738.23 |
Source: BitInfoCharts, August 15, 2025 (Internet Archive) and September 26, 2026
Dogecoin Wealth Distribution by Top Addresses
- The top 100 share rose 2.38 percentage points in 13 months, the largest move of the four cohorts.
- Addresses outside the ten largest but inside the top 10,000 hold about 46.75% of supply.
- The Dogecoin Foundation says many of the top Dogecoin wallets are cold wallets or hot wallets controlled by exchanges and brokers.
- It adds that the Dogecoin community has identified the exchanges and brokerage platforms behind some of the largest wallets, including the infamous “whale” holding 30% of the supply.
- Much of that concentration is exchange custody, so crypto exchange market data says as much about who controls these coins as the rich list does.
Worth noting: The Dogecoin Foundation says that infamous whale wallet, which was split across several addresses in October/November 2021, contains the holdings of hundreds of thousands of retail holders. Top-address shares measure custody concentration more than individual wealth.
Dogecoin Addresses by USD Balance
- Blockchair counts 8,465,809 holding addresses on the network.
- Addresses worth more than $10,000 fell about 54.1%, the steepest drop of the four tiers.
- Addresses worth more than $100 fell about 33.3%, and addresses worth more than $1 fell about 14%.
- Part of the drop is price rather than selling: a wallet holding the same coins slips under each dollar threshold as DOGE falls, which is why the tiers read best next to broader cryptocurrency adoption data.
Custody risk: Coins held on an exchange depend on that platform’s security and withdrawal policy, a risk our crypto security data tracks across hacks and platform failures.
Spot Dogecoin ETF Holdings, Fees and Fund Size
- Grayscale’s trust grew its DOGE holdings about 3.14 times in the first half of 2026.
- Bitwise’s trust held a net closing balance of 6,561,841.7808 Dogecoin with a total market value of $473,760 at June 30, 2026.
- For 21Shares’ TDOG, the Trust’s NAV increased from $1,855,458 on March 31, 2026 to $2,761,536 on June 30, 2026, as Shares outstanding rose from 100,000 Shares on March 31, 2026 to 190,000 Shares on June 30, 2026.
- The 21Shares fund page later showed $2,459,506.43 AUM, with values as of September 17, 2026.
- The same page names Fund Custodian Anchorage Digital Bank N.A., BitGo Bank & Trust, N.A., Coinbase Custody International, Ltd., so part of TDOG’s coins sit with a unit of the exchange group profiled in our Coinbase statistics.
- Combined, the three trusts held about 28.1% as many coins as one listed treasury holder reported at March 31, 2026.
- Grayscale’s June 2026 quarterly report says that after its waiver ended on February 25, 2026, the Sponsor’s Fee is 0.35%.
- Bitwise contractually waived the Sponsor Fee on the first $500 million of Trust assets through December 24, 2025, and has been accruing at an annual rate of 0.34% of the Trust’s net assets since then.
- REX-Osprey’s DOJE lists a Total Expense Ratio of 1.5%, about 4.4 times the Bitwise rate.
Why it matters: The three spot trusts held about 149.9 million DOGE at the end of June 2026, roughly 0.096% of circulating supply. Four product launches did not translate into meaningful coin absorption, and the smallest trust is already closing within a year of its debut.
Dogecoin ETF Launch and Closure Timeline
- Grayscale’s annual report says on November 21, 2025, NYSE Arca certified its approval for listing and trading of the Shares of the Trust under the Generic Listing Standards.
- Bitwise’s trust commenced operations on November 25, 2025.
- 21Shares’ filing dates the NAV per Share on January 21, 2026, commencement of investment operations, while its fund page shows Inception Date January 22, 2026.
- REX-Osprey’s DOJE shows a Fund Inception of 09/18/2025 on the Cboe BZX Exchange.
Dogecoin Treasury Company Holdings
- CleanCore Solutions reported that for the three months ended March 31, 2026, the company sold an aggregate of 200,000,000 units of Dogecoin for net proceeds of $18,368,360, resulting in a loss of $29,364,518.
- Its remaining coins carried a digital assets carrying fair value of $49,203,118 against a cost basis of $127,222,652 at March 31, 2026.
- During the period between April 1, 2026 and May 8, 2026, the Company did not purchase or sell any units of Dogecoin.
- Holdings fell about 24.2% from September 30, 2025, to March 31, 2026.
- CoinGecko’s treasury tracker shows a Total Treasury Holding of 802,235,229 DOGE across listed holders.
| Date | CleanCore Solutions DOGE held |
|---|---|
| September 30, 2025 | 703,617,752 |
| November 12, 2025 | over 733.1 million |
| March 31, 2026 | 533,060,905 |
Source: CleanCore Solutions Form 10-Q and quarterly results release, 2025-2026
Dogecoin Developer Activity and Network Size
- The latest tagged release is Dogecoin Core 1.14.9, tag v1.14.9, published 2024-12-01.
- The GitHub repository was created on 2013-12-06, and last pushed on 2026-09-10.
- The Dogecoin Foundation says Billy Markus, co-creator of Dogecoin with Jackson Palmer, acted as a solo developer for the first Dogecoin Core releases.
| Network or code metric | Value |
|---|---|
| GitHub stars | 15,233 |
| GitHub forks | 3,248 |
| Open GitHub issues | 320 |
| GitHub watchers | 911 |
| Nodes counted by Blockchair | 503 |
Source: GitHub API and Blockchair, September 26, 2026
Is Dogecoin Still Owned by Elon Musk?
No. The Dogecoin Foundation describes Dogecoin as an open-source peer-to-peer cryptocurrency recorded on a public ledger that is maintained by a network of computers called nodes. Its account of the project’s origins says that in 2014, Billy and Jackson left Dogecoin, referring to co-creators Billy Markus and Jackson Palmer.
Elon Musk is not named as an owner or maintainer anywhere in the Foundation’s description, and the largest balances on the rich list belong mostly to exchange and broker custody rather than to any one individual.
Conclusion
Dogecoin’s supply base sits at a circulating supply of 156.078 billion DOGE on CoinGecko, and fixed issuance of about 5.256 billion coins a year keeps nudging the inflation rate down as that base grows. Over the past year, price, on-chain activity, and dollar-denominated holder counts fell while top-address concentration rose.
The next data points are the ETF sponsors’ September-quarter filings, the Bitwise wind-down, and whether realized issuance keeps tracking the fixed block reward.