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Dogecoin

DOGERank #12Meme

$0.0873

-1.72%24h
Analyzed on: Aug 9, 2026
By: Coira Research

Data from CoinGecko, on-chain analytics, and official project documentation. View methodology

Cryptocurrency
Dogecoin (DOGE)
Sector
Meme
Market Cap Rank
#12
Current Price
$0.0873
Market Capitalization
$13.62B
STRICT Score
72/100

Cycle Potential

0x

cycle scenario · ~2029 window

Risk Level

6/10

Medium Risk

Market Cap

$13.62B

Volume

$850.48M

Circulating Supply

156.00B

0.0% not yet in circulation

Total Supply

156.00B

What is Dogecoin?

Dogecoin (DOGE) is a community-driven cryptocurrency that originated from internet culture and memes. It is currently ranked #12 by market capitalization, trading at $0.0873 with a total market cap of $13.62B.

Type

Meme

Symbol

DOGE

Rank

#12

How does Dogecoin work?

Dogecoin is a proof-of-work currency whose Core codebase remains public and community maintained. The repository was pushed in July 2026, while the latest tagged release is Dogecoin Core v1.14.9 from December 2024. DOGE now has U.S. listed-fund access through the REX-Osprey DOGE ETF, which improves conventional market access but does not change the protocol’s economics. The base chain still issues a permanent 10,000 DOGE reward per block. DogeOS describes itself as an app layer for Dogecoin,...

Evidence behind the Dogecoin STRICT score

Coira assessed each pillar from the cited primary or independently maintained sources. These analyst rationales are dated ; live prices are not score inputs.

Revenue

N/A

Dogecoin is a meme-sector currency, not a protocol with protocol-owned fee revenue or tokenholder cash-flow claims.

Tokenomics

65/100

Starting at block 600,000, Dogecoin permanently issues 10,000 DOGE per block. The perpetual subsidy supports mining incentives but creates continuing supply growth, so tokenomics remain middling despite the simple and transparent issuance rule.

STRICT Score Breakdown

69
S
Sustainability
82
T
Transparency
-
R
Revenue
47
I
Innovation
89
C
Community
65
T
Tokenomics

Analysis Overview

Dogecoin is a proof-of-work currency whose Core codebase remains public and community maintained. The repository was pushed in July 2026, while the latest tagged release is Dogecoin Core v1.14.9 from December 2024. DOGE now has U.S. listed-fund access through the REX-Osprey DOGE ETF, which improves …

Strengths

6
  • Dogecoin has an unusually durable brand and a long-lived community compared with newer meme assets
  • The public Dogecoin Core repository shows an open development process, active project tracking, and a maintained main branch
  • The REX-Osprey DOGE ETF gives eligible U.S. investors a listed route to DOGE performance without direct token custody
  • Proof-of-work security and merged-mining economics have supported the network through multiple market cycles
  • GigaWallet and Libdogecoin target easier payment and wallet integration for developers and merchants
  • DogeOS provides an explicit app-layer route for builders, although adoption remains the relevant test

Risks

6
  • Permanent 10,000-DOGE block rewards create continuing dilution and require ongoing demand to sustain value
  • DOGE has no protocol-owned fee revenue, so listed-fund access does not create a cash-flow basis for valuation
  • The gap between active repository commits and the latest tagged Core release makes maintenance and release execution worth monitoring
  • Dogecoin lacks a native smart-contract environment and therefore depends on separate products for broader application functionality
  • DogeOS, GigaWallet, and Libdogecoin are implementation paths, not evidence that merchant or user adoption has reached scale
  • Meme-sector capital can rotate rapidly to newer assets with higher beta or richer on-chain ecosystems

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Entry #777 · published Jun 18, 2026 · commit 7754e6b

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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.