Dogecoin's current market capitalization is approximately $15.5 billion USD, placing it among the top 10 cryptocurrencies globally by market cap. With a circulating supply of 169.5 billion DOGE and an unlimited maximum supply, Dogecoin's market cap is directly tied to the current DOGE/USD price.
Live Market Statistics
- Market Cap: ~$15.5 Billion USD
- Market Cap Rank: #10 globally
- 24h Trading Volume: ~$886 Million USD
- Volume/Market Cap Ratio: ~5.7% (healthy liquidity)
- Circulating Supply: 169,511,793,126 DOGE
- Max Supply: Unlimited
- Annual New Supply: 5 Billion DOGE
Dogecoin Market Dominance
Dogecoin holds approximately 0.6–0.8% of total cryptocurrency market dominance. As the original and most recognized meme coin, DOGE continues to command significant market share despite competition from newer meme cryptocurrencies including Shiba Inu (SHIB), Pepe (PEPE), and Bonk (BONK).
At its all-time high market cap in May 2021, Dogecoin reached a valuation of over $88 billion USD — larger than many Fortune 500 companies at the time.
— CoinMarketCap Historical Data
Market Correlations
Dogecoin is positively correlated with the top 10 cryptocurrencies by market cap with an index of 0.653, excluding stablecoins. Over the past 7 days, DOGE has shown the strongest correlation with Pepe Coin (PEPE), Bonk (BONK), XRP, Litecoin (LTC), and Chainlink (LINK). Understanding these correlations helps traders anticipate DOGE price movements based on broader market trends.
- Bitcoin (BTC) direction heavily influences DOGE sentiment
- Meme coin sector performance (PEPE, SHIB) correlates with DOGE rallies
- Social media activity volume is a leading indicator for DOGE price spikes
- Active address count — which spiked 176% in recent trading sessions — signals retail interest
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The Common category includes then following block: Paragraph, image, heading, latest gallery, quote, audio, cover, video. The paragraphs block is the default block type. This is should not to have any alignment of any kind.
The Common category includes then following block: Paragraph, image, heading, latest gallery, quote, audio, cover, video. The paragraphs block is the default block type. This is should not have any there alignment of any kind. Category and then there are many things too following blocks and many more.