Dogecoin Price Today

What determines the price of Dogecoin?

Supply and demand on the Binance.US order books determine the price of Dogecoin.

Dogecoin's protocol doesn't set a maximum supply. The network currently issues a fixed 10,000 DOGE per block, roughly once a minute, which adds about 5 billion DOGE each year.

Annual issuance stays constant while the total supply keeps growing, so new issuance as a share of supply falls every year.

Demand for Dogecoin changes with market sentiment, macroeconomic conditions such as interest rates and inflation, trading volume across exchanges, and the pace of large trades.

As of Nov 06, 2026, Dogecoin is trading at $0.07, 1.57% over the past 24 hours, moving between a low of $0.07 and a high of $0.07 on Binance.US. Over the past 7 days the price has moved -2.55%, over the past 30 days -17.57%, and over the past year -54.82%. Dogecoin's market capitalization stands at $11.42B on a circulating supply of 156.64B DOGE, with $639.92M traded globally over the past 24 hours. These movements reflect the mechanics described above: against a supply that grows at a fixed rate with no maximum, and the broader macroeconomic backdrop. This is a dated read of current conditions, not a forecast; Binance.US does not publish price targets.

Dogecoin is merge-mined with Litecoin

Dogecoin is merge-mined with Litecoin through a mechanism called Auxiliary Proof of Work (AuxPoW). Since August 2014, the same Scrypt mining work has secured both networks at once.

One unit of mining work counts for both chains, so Dogecoin draws on a larger pool of mining power than it could attract on its own.

No other asset listed on Binance.US shares this arrangement with Litecoin, which makes it the clearest single way to distinguish Dogecoin's network from the coins it is usually grouped with.

How Binance.US prices Dogecoin

Binance.US prices Dogecoin from its own order books. Every figure on this page reflects trades matched between buyers and sellers on Binance.US, not an average drawn from other venues, so the price you see is the rate at which DOGE actually trades. Binance.US is a regulated U.S. cryptocurrency exchange operated by BAM Trading Services Inc., FinCEN registered[3] and SOC 2 Type II audited. You can read more about Binance.US.

Binance.US is operated by BAM Trading Services Inc., a licensed and regulated United States cryptocurrency exchange platform that enables American residents to securely buy, sell, trade, and stake digital assets with fiat on-ramp capabilities, U.S.-based custody, and regulatory compliance. [3]

Dogecoin's all-time high

Dogecoin reached its all-time high of $0.74 on May 08, 2021 and its all-time low of $0.00 on May 07, 2015.

The 2021 record high was set during a period of rapid retail interest. Supply kept growing through that peak and has grown every year since, so the high was reached while new coins were still entering circulation.

Today's price sits -90.11% from that high.

Dogecoin market capitalization and circulating supply

Dogecoin's market capitalization equals its price multiplied by circulating supply, currently $11.42B on 156.64B DOGE in circulation.

It's a standard way to compare cryptocurrencies, since it captures scale rather than the price of a single coin.

Circulating supply counts the coins available in the market today. Dogecoin has no maximum supply, and the block reward is currently fixed at 10,000 DOGE per block, so the circulating supply rises by roughly 5 billion DOGE a year.

Fully diluted valuation reflects total supply and tracks closely to market capitalization, since Dogecoin doesn't have a maximum supply.

• Market capitalization is the total value of all circulating DOGE, calculated as the price multiplied by the circulating supply.
• Fully diluted valuation reflects total supply. Because Dogecoin has no maximum supply, that figure tracks closely to market capitalization.
• Circulating supply is the number of DOGE currently issued and available to the market. Dogecoin has no maximum supply. The block reward does not reduce over time, so circulating supply rises by roughly 5 billion DOGE a year.
• Dominance is Dogecoin's share of the total cryptocurrency market capitalization.

Dogecoin price history and key milestones

Dogecoin launched on December 6, 2013. It was created by Billy Markus and Jackson Palmer, who based Dogecoin's code on Luckycoin, derived from Litecoin.[2]

New coins have entered the market at a steady rate, so price moves have come from shifts in demand rather than changes to issuance.

Since August 2014, the network has been merge-mined with Litecoin, and that secured the chain as standalone mining declined.

A fuller account of what Dogecoin is, including how the network is secured and what the coin is used for, sits in the Learn hub.

Dogecoin has no maximum supply

Dogecoin has no maximum supply. Most of the assets listed beside it set a ceiling on how many coins can ever exist.

The protocol issues a fixed 10,000 DOGE per block, about once a minute, and that figure does not reduce over time. It adds roughly 5 billion DOGE a year, every year.[1]

The amount added stays the same while the total supply keeps growing, so the rate of new issuance falls each year without ever reaching zero. That is disinflation.

This design means Dogecoin's issuance rate, not a remaining supply, is what defines how its supply behaves over time.