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Home » Cryptocurrency

Dogecoin Statistics 2026: Annual Supply Increase, Circulating Supply, and Inflation Rate

Published on: January 2026 • Last Updated: June 2, 2026
Barry Elad
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Barry Elad
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Founder & Senior Journalist • 733 Articles
Barry Elad is a seasoned journalist and analyst specializing in finance, technology, AI, and founder of SQ Magazine. He explores the world o...
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Dogecoin Statistics
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This report has been updated 2 times. Last updated on June 2, 2026

  • May 2026: Refreshed circulating supply to 154.28 billion DOGE (May 2026 snapshot) from the prior 2024-era figure.
  • May 2026: Refreshed market capitalization to $16.86 billion and DOGE/USD price to $0.1087 (CoinGecko snapshot, 17 May 2026).
  • May 2026: Added the full US spot ETF cohort: REX-Osprey DOJE on Cboe BZX (18 September 2025), Grayscale and Bitwise auto-process launches in November 2025, and 21Shares TDOG on NASDAQ in January 2026.
  • May 2026: Recomputed annual supply increase to roughly 5 billion DOGE per year and the effective inflation rate to around 3.2% from current 24-hour block production.
  • May 2026: Added the BitInfoCharts wealth-distribution table: top 10/100/1,000/10,000 addresses hold 44.38%/66.18%/83.30%/91.34% of supply, alongside the address-count tiers by USD value.
  • May 2026: Updated Dogecoin Core release reference to v1.14.9 (1 December 2024) and noted active commits through 12 May 2026.

Dogecoin’s total existing supply is 154,321,072,169 DOGE on 17 May 2026, with a market capitalization of $16,826,235,082 at a price of $0.109 per DOGE. Block production over the prior 24 hours ranged between 1,367 and 1,371 blocks at a 10,000 DOGE per-block reward. Wealth distribution is concentrated: the top 10 Dogecoin addresses hold 44.38% of all DOGE, and the top 10,000 addresses hold 91.34% of the total supply.

Why it matters: Dogecoin’s fingerprint is a fixed per-block mint feeding roughly 5 billion new coins per year, an effective inflation rate near 3.2% against a circulating supply of 154.28 billion, a concentration profile where the top 10 addresses hold 44.38% and the top 10,000 hold 91.34% of supply, and four US spot ETFs now live on Cboe BZX and NASDAQ across REX-Osprey DOJE, Grayscale, Bitwise, and 21Shares TDOG.

Key Takeaways

  • Dogecoin’s circulating supply is approximately 154.28 billion DOGE on 17 May 2026, with a $16.86 billion market cap and a CoinGecko rank of #10.
  • The protocol pays a flat 10,000 DOGE reward per block, with 1,371 blocks produced in the prior 24 hours per Blockchair.
  • Annual new supply works out to roughly 5 billion DOGE per year, an effective inflation rate near 3.2% against the 154.28 billion circulating denominator.
  • The top 10 Dogecoin addresses hold 44.38% of all DOGE; the top 10,000 addresses hold 91.34%.
  • Four US spot Dogecoin ETFs are trading: REX-Osprey DOJE on Cboe BZX (18 September 2025), Grayscale and Bitwise (November 2025), and 21Shares TDOG on NASDAQ (January 2026).
  • Dogecoin Core’s latest tagged release is v1.14.9 from 1 December 2024, and active commits continued through 12 May 2026.

Editor’s Choice

  • Dogecoin’s CoinGecko market cap on 17 May 2026 is $16,857,138,436, ranking the asset at position #10 across all tracked cryptocurrencies.
  • All-time high of $0.7316 was set on 8 May 2021, leaving DOGE 85.14% below ATH at the May 2026 snapshot.
  • BitInfoCharts records 2,929,561 Dogecoin addresses holding more than $1 USD and 42,679 addresses holding more than $10,000.
  • Network hashrate is 3.1 P hash/s under the Scrypt algorithm, up 2.62% in 24 hours per BitInfoCharts.
  • 867,016 users track Dogecoin on a CoinGecko watchlist, and community sentiment runs 80.77% bullish.
  • Blockchair counts 6,352,976 total Dogecoin blocks and 418,728,893 transactions across the chain’s history.

Recent Developments

  • 12 May 2026: BitInfoCharts records the most recent commit to the Dogecoin Core GitHub repository, indicating active maintenance roughly 17 months after the v1.14.9 release tag.
  • January 2026: The 21Shares Dogecoin ETF began trading on NASDAQ under the ticker TDOG, the first US spot Dogecoin ETF to receive direct SEC approval and the first endorsed by the Dogecoin Foundation.
  • November 2025: Grayscale and Bitwise launched their own spot Dogecoin ETFs through the auto-process pathway that became available during the US government shutdown, rather than via formal sign-off.
  • 18 September 2025: The REX-Osprey Dogecoin ETF (ticker DOJE) went live on Cboe BZX as the first US spot Dogecoin product, riding the SEC’s generic-listing rule that the agency approved one day earlier.
  • 1 December 2024: Dogecoin Core v1.14.9 was tagged on GitHub by maintainer patricklodder, the most recent versioned release of the reference client.

Dogecoin Circulating Supply, Total Supply, and the Uncapped Cap

  • CoinGecko reports a Dogecoin circulating supply of 154,281,466,383 DOGE and a total supply of 169,993,803,126 DOGE on 17 May 2026, with no maximum supply set on the asset record.
  • BitInfoCharts’ independent tally puts the total at 154,321,072,169 DOGE at a nearly identical capture timestamp.
  • The roughly 40,000-DOGE gap between those two figures is rounding noise from different block-height cutoffs; both pages refresh on different cadences against the same chain.
  • CoinMarketCap renders the max-supply field as the infinity symbol, confirming Dogecoin has no protocol-level cap on total issuance.

Dogecoin’s official site notes that capped assets are nowhere near mined out and will continue adding to their supply, just like Dogecoin, for the foreseeable future.

By the numbers: Dogecoin mints 10,000 DOGE per block, every block, with no protocol-level cap on total supply. At the current 24-hour block production rate of 1,371 blocks recorded by Blockchair, the chain adds roughly 13.71 million new DOGE per day and about 5 billion new DOGE per year, putting the effective annual inflation rate near 3.2% against the circulating denominator.

FieldValueSource
Circulating supply (CoinGecko)154,281,466,383 DOGECoinGecko API, 17 May 2026
Total supply (CoinGecko)169,993,803,126 DOGECoinGecko API, 17 May 2026
Total existing (BitInfoCharts)154,321,072,169 DOGEBitInfoCharts, 17 May 2026
Max supplyNone / ∞CoinGecko + CoinMarketCap
Genesis date8 December 2013CoinGecko + BitInfoCharts

Source: CoinGecko coins API, BitInfoCharts Dogecoin page, CoinMarketCap Dogecoin record, accessed 17 May 2026.

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Annual Supply Increase and Effective Inflation Rate

  • Dogecoin pays a 10,000 DOGE reward per block, alongside an average fee tail of 5.89 DOGE in the most recent 24-hour window.
  • Blockchair logged 1,371 Dogecoin blocks in the prior 24 hours; BitInfoCharts logged 1,367.
  • Multiplying that Blockchair block count by the per-block reward yields 13,710,000 new DOGE per day.
  • Annualized at that cadence, that comes to 5,004,150,000 DOGE per year of new supply.

Dividing the annual new supply by the 154,281,466,383 circulating denominator gives an effective inflation ratio for the year. Expressed conventionally, that ratio is roughly 3.2% per year. Because the per-block reward is fixed, the percentage drifts lower over time as the denominator grows. Dogecoin uses the Scrypt hashing algorithm with a target block time of approximately one minute. The actual observed average block interval over the prior 24 hours was 1 minute 3 seconds, slightly above target.

Issuance metricValue (May 2026)Source
Reward per block10,000 DOGE (+ 5.89 DOGE avg fee tail)BitInfoCharts
Blocks in last 24h1,371Blockchair
Daily new supply~13.71 million DOGEDerived
Annual new supply~5.00 billion DOGEDerived
Effective inflation rate~3.2% (vs 154.28 billion circulating)Derived
Target block time~1 minuteCoinGecko
Observed average block time1 minute 3 secondsBitInfoCharts

Source: Blockchair stats endpoint, BitInfoCharts Dogecoin page, CoinGecko coins API, accessed 17 May 2026; daily and annual issuance figures derived from the 24-hour block count and the fixed per-block reward.

Dogecoin Price and Market Capitalization

  • The CoinGecko 17 May 2026 snapshot shows DOGE trading at $0.108681, with a market capitalization of $16,857,138,436 and a market-cap rank of #10.
  • CoinMarketCap renders the same price as $0.1092 with a market cap of $16.85 billion and ranks Dogecoin at #9.

The one-position rank gap between the two trackers is methodology, not error; each ranks against a slightly different universe of stablecoins, wrapped assets, and exchange tokens. Dogecoin’s all-time high of $0.731578 was set on 8 May 2021, with DOGE sitting 85.14% below that level on 17 May 2026. The all-time low of $0.0000869 was logged on 6 May 2015.

CoinMarketCap’s ATL display rounds the same low to $0.00008547 and shows a +127,702.46% gain from that bottom. Over the trailing year ending 17 May 2026, DOGE is down 49.80%; over 30 days, it is up 8.22%, and over 7 days, it is down 2.15%. Twenty-four-hour trading volume on CoinMarketCap’s aggregate book is $808.08 million against a Vol/Mkt Cap ratio of 4.79%. A 4.79% turnover ratio sits at the upper end of the band for a top-10 asset, signaling retail-heavy daily flow. The deeper books on the top-2 cohort are documented in our Bitcoin and Ethereum.

Price metricValueSource
Price (CoinGecko)$0.108681CoinGecko
Price (CoinMarketCap)$0.1092CoinMarketCap
Market cap$16.86 billionCoinGecko
Market-cap rank#10 (CG) / #9 (CMC)CoinGecko, CoinMarketCap
24h volume$808.08 millionCoinMarketCap
Vol/Mkt Cap (24h)4.79%CoinMarketCap
All-time high$0.7316 on 8 May 2021CoinGecko
All-time low$0.0000869 on 6 May 2015CoinGecko
30-day change+8.22%CoinGecko
1-year change-49.80%CoinGecko

Source: CoinGecko coins API, CoinMarketCap Dogecoin page, accessed 17 May 2026.

On-chain Activity: Transactions, Fees, and Active Addresses

  • BitInfoCharts logged 19,983 Dogecoin transactions in the prior 24 hours, averaging 833 transactions per hour.
  • Blockchair’s parallel 24-hour transaction count was 21,433, reflecting slight methodology and capture-window differences.
  • Total DOGE moved in those 24 hours came to 939,962,572 DOGE, worth roughly $102,487,826, or 0.6091% of total market capitalization.

Average transaction value in the same window was 47,038 DOGE ($5,129), with a median of 525.61 DOGE ($57.31). The average transaction fee was 0.409 DOGE or $0.045, and the median fee was 0.101 DOGE or $0.011. The wide average-to-median gap is the standard signature of a chain where whale transfers pull the mean while most users send retail amounts. Centralized exchange tiers use bracket pricing rather than per-byte, as detailed in our MEXC page. Active addresses in the prior 24 hours stood at 29,846 unique sending or receiving addresses. The largest 100 transactions of that 24-hour window moved 5,900,496,749 DOGE worth $643,354,430.

On-chain metricValue (24h, 17 May 2026)Source
Transactions19,983 (BIC) / 21,433 (Blockchair)BitInfoCharts, Blockchair
Total DOGE sent939,962,572 DOGE ($102.49 million)BitInfoCharts
Avg transaction value47,038 DOGE ($5,129)BitInfoCharts
Median transaction value525.61 DOGE ($57.31)BitInfoCharts
Avg transaction fee0.409 DOGE ($0.045)BitInfoCharts
Median transaction fee0.101 DOGE ($0.011)BitInfoCharts
Active addresses (24h)29,846BitInfoCharts
Top-100 24h tx volume5.90 billion DOGE ($643.35 million)BitInfoCharts

Source: BitInfoCharts Dogecoin page, Blockchair stats endpoint, accessed 17 May 2026.

Mining: Hashrate, Difficulty, and Block Economics

  • Dogecoin’s network hashrate is 3.1 P hash/s as of 17 May 2026, up 2.62% over the prior 24 hours.
  • The mining difficulty stands at 45.31 million, up 2.32% in the same window.
  • Blockchair’s independent difficulty reading is higher, at 52,471,757.7, reflecting a slightly different sampling epoch.

The headline per-block reward is 10,000 DOGE plus an average 5.89-DOGE fee tail, valued at roughly $1,090.98 at the snapshot price. Across the prior 24 hours, the network paid out 13,670,000 DOGE in fixed rewards plus 8,058 DOGE in transaction fees, worth approximately $1,491,372.59 in total. At a Scrypt mining profitability of $0.4813 per day per 1 GHash/s, the unit economics depend heavily on rig efficiency at current electricity prices.

BitInfoCharts records the average Dogecoin block size at 6.84 kilobytes and a fee-to-reward ratio of 0.07%. Scrypt’s ASIC ecosystem is dominated by Litecoin-derived hardware, partly subsidizing Dogecoin’s network security. SHA-256 economics on the chain, detailed in our Bitcoin page, work very differently.

Dogecoin Wallet Address Distribution by USD Balance

Wealth Distribution: Top Address Cohorts and USD Tiers

  • The top 100 richest Dogecoin addresses hold 102,136,758,748 DOGE worth $11,136,373,594, equal to 66.18% of the total supply.
  • Concentration by cohort runs 44.38% at the top 10 addresses, 66.18% at the top 100, 83.30% at the top 1,000, and 91.34% at the top 10,000 addresses.

A non-trivial share of those top-10 wallets are exchange cold-storage addresses, rather than concentrated individual holders. BitInfoCharts counts 2,929,561 Dogecoin addresses with a balance greater than $1 USD, 847,223 greater than $100, 245,222 greater than $1,000, and 42,679 greater than $10,000.

Dogecoin Token Supply Concentration By Address Cohort

Dogecoin Spot ETFs in the US

  • On 18 September 2025, the US’s first spot Dogecoin ETF went live on Cboe BZX, an exchange headquartered in Chicago, jointly managed by REX Financial and Osprey Funds under the ticker DOJE.
  • Grayscale and Bitwise launched their own spot Dogecoin ETFs in November 2025 after the US government shutdown, becoming available through an automatic process rather than a formal SEC sign-off.
  • The 21Shares Dogecoin ETF began trading on NASDAQ under the ticker TDOG after receiving direct SEC clearance, making it the first US-approved spot Dogecoin ETF and the first endorsed by the Dogecoin Foundation, a nonprofit that has supported open-source Dogecoin development since 2014.

The launch followed an SEC vote one day earlier approving generic listing requirements for digital-asset ETFs, replacing case-by-case rule-change petitions with direct exchange filings.

Key finding: The 21Shares TDOG product is the first US spot Dogecoin ETF backed by 1:1 institutional custody and the only one with direct SEC sign-off plus Dogecoin Foundation endorsement. It joined REX-Osprey DOJE on Cboe BZX (18 September 2025) and the Grayscale and Bitwise auto-process launches from November 2025 to bring the live US ETF cohort to four products in roughly four months.

Each share of the 21Shares Dogecoin ETF is fully backed by Dogecoin held in institutional-grade custody on a 1:1 basis. The TDOG custody model mirrors the structure used by spot ETFs covered in our Ethereum reference page, and it is the institutional onramp that the prior generation of futures-only products could not provide.

ETFTickerExchangeLaunch datePathwaySource
REX-Osprey Dogecoin ETFDOJECboe BZX18 September 2025SEC generic-listing ruleFortune
Grayscale Dogecoin Trust(GDOG-style auto-process)Listed via shutdown auto-processNovember 2025Auto-process during gov shutdownTradingView/Coinpedia
Bitwise Dogecoin ETF(auto-process)Listed via shutdown auto-processNovember 2025Auto-process during gov shutdownTradingView/Coinpedia
21Shares Dogecoin ETFTDOGNASDAQJanuary 2026Direct SEC approval, Foundation-endorsedTradingView/Coinpedia

Source: Fortune (Ben Weiss, 18 September 2025), TradingView News (Coinpedia syndication, January 2026).

Developer Activity and Network Maintenance

  • Dogecoin Core’s most recent tagged release is v1.14.9, published on 1 December 2024 by maintainer patricklodder.
  • BitInfoCharts records the most recent GitHub commit as 12 May 2026, indicating active maintenance approximately 17 months after the v1.14.9 tag.

A long gap between tagged releases is not a dormant project; Dogecoin Core inherits security-patch cadence from the upstream Bitcoin Core lineage. CoinGecko’s developer_data record for Dogecoin carries 2,844 forks, 14,334 stars, and 848 subscribers as of 17 May 2026. BitInfoCharts’ parallel star count is 15,124, a small delta against CoinGecko’s reading. The developer_data record has merged 1,230 pull requests across 161 unique pull_request_contributors over its history, against 1,190 total_issues and 1,038 closed_issues.

Dogecoin Developer Community And Contribution Metrics

Community Footprint: Watchlists, Sentiment, and Reddit

  • 867,016 CoinGecko users carry Dogecoin on a personal watchlist on 17 May 2026.
  • Sentiment voting on the CoinGecko Dogecoin page runs 80.77% positive against 19.23% negative on 17 May 2026.
  • BitInfoCharts pulls the r/dogecoin Reddit community subscriber count at 2,467,511.

CoinGecko categorizes Dogecoin under “Smart Contract Platform”, “Meme”, “Dog-Themed”, “Elon Musk-Inspired”, “Proof of Work (PoW)”, “GMCI Meme Index”, “GMCI 30 Index”, “GMCI Index”, “Coinbase 50 Index”, and “4chan-Themed”. The “Smart Contract Platform” tag is the most contested; Dogecoin Core does not run general-purpose smart contracts. Compare native-DEX activity on our Uniswap page for context.

Dogecoin Audience Sentiment Breakdown

Conclusion

Dogecoin’s 2026 fingerprint is a fixed 10,000-DOGE per-block reward feeding roughly 5 billion new coins per year against a circulating supply north of 154.28 billion, an effective inflation rate near 3.2%, and a market capitalization of $16.86 billion at a price of $0.1087. The token sits 85.14% below its 2021 all-time high, but trades within a network whose top-10 addresses hold 44.38% of supply, whose top-10,000 hold 91.34%, and whose mid-tier holder base of 245,222 addresses above $1,000 USD shows the asset’s retail distribution remains intact despite the concentration headline.

The structural change since the prior version of this page is the spot-ETF cohort. Three regulatory pathways produced four US-listed spot Dogecoin products in roughly four months. REX-Osprey DOJE via the SEC’s generic-listing rule, Grayscale and Bitwise via the November 2025 government-shutdown auto-process, and 21Shares TDOG via direct SEC approval. Combined with continuous Dogecoin Core maintenance through 12 May 2026, the institutional onramp is now a fact of the asset rather than a speculative scenario. The next inflection point worth watching is whether ETF custody flows tighten the effective free float enough to change wealth-distribution math by the next refresh of this page.

This article has been reviewed and fact-checked by Robert A. Lee. SQ Magazine follows strict Publishing Principles and a documented Fact-Check Policy to ensure accuracy, transparency, and editorial independence across all content. Our statistics are verified using a documented Research Process.

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References

  • Dogecoin network statistics (bitinfocharts)
  • Dogecoin price page (CoinMarketCap)
  • Dogecoin's first ETF launches after SEC eases pathway for crypto funds to enter public markets
  • Dogecoin Foundation Launches First U.S. Spot 21Shares Dogecoin ETF on NASDAQ After SEC Approval
  • Dogecoin Foundation official site (dogecoin.com)
  • Dogecoin Core v1.14.9 release (GitHub)
Barry Elad

Barry Elad

Founder & Senior Journalist


Barry Elad is a seasoned journalist and analyst specializing in finance, technology, AI, and founder of SQ Magazine. He explores the world of artificial intelligence, uncovering trends, data, and real-world impacts for readers. When he’s off the page, you’ll find him cooking healthy meals, practicing yoga, or exploring nature with his family.

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Table of Contents

  • Key Takeaways
  • Editor’s Choice
  • Recent Developments
  • Dogecoin Circulating Supply, Total Supply, and the Uncapped Cap
  • Annual Supply Increase and Effective Inflation Rate
  • Dogecoin Price and Market Capitalization
  • On-chain Activity: Transactions, Fees, and Active Addresses
  • Mining: Hashrate, Difficulty, and Block Economics
  • Wealth Distribution: Top Address Cohorts and USD Tiers
  • Dogecoin Spot ETFs in the US
  • Developer Activity and Network Maintenance
  • Community Footprint: Watchlists, Sentiment, and Reddit
  • Conclusion
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Meta Adds 13+ Content Settings and AI Age Checks for Teens
Meta Adds 13+ Content Settings and AI Age Checks for Teens
Telegram Restricted in India as NEET Fraud Crackdown Grows
Telegram Restricted in India as NEET Fraud Crackdown Grows
Technology
Chrome 150 Patches 382 Security Fixes, 15 Critical
Chrome 150 Patches 382 Security Fixes, 15 Critical
Massive Apple Leak Reveals Six New iPhones for 2027
Massive Apple Leak Reveals Six New iPhones for 2027
Google Finance Gets Major AI Upgrade and New Android App
Google Finance Gets Major AI Upgrade and New Android App
Windows Recycle Bin Bug Confirmed After June Security Update
Windows Recycle Bin Bug Confirmed After June Security Update
Apple Urgently Fixes Beats Studio Buds Bug That Enabled Spying
Apple Urgently Fixes Beats Studio Buds Bug That Enabled Spying
Android 17 Is Here With Powerful AI Features and Security Boosts
Android 17 Is Here With Powerful AI Features and Security Boosts
Gaming
GTA 6 Pre-Orders Start June 25, New Cover Art Unveiled
GTA 6 Pre-Orders Start June 25, New Cover Art Unveiled
Epic Games Teases Unreal Engine 6 for Rocket League
Epic Games Teases Unreal Engine 6 for Rocket League
Stardew Valley Switch 2 Edition Arrives with Online Co-op
Stardew Valley Switch 2 Edition Arrives with Online Co-op
Hogwarts Legacy Crosses 40M Sales, Beating Industry Giants
Hogwarts Legacy Crosses 40M Sales, Beating Industry Giants
PUBG: Black Budget Launches Closed Alpha Test With a Bold PvPvE Twist
PUBG: Black Budget Launches Closed Alpha Test With a Bold PvPvE Twist
Counter-Strike 2’s $5.9 Billion Skin Economy Just Got Shattered
Counter-Strike 2’s $5.9 Billion Skin Economy Just Got Shattered
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