Dogecoin's market capitalization has demonstrated remarkable growth trajectory throughout 2025, reaching approximately $20.14 billion by December 2nd. This significant milestone represents the cryptocurrency's position as the 11th-largest digital asset globally, with the token trading at $0.13666 and commanding a circulating supply of 152 billion DOGE.
| Metric | Value |
|---|---|
| Current Market Cap | $20.77 billion |
| Price (December 2, 2025) | $0.13666 |
| Circulating Supply | 152.00 billion DOGE |
| Market Ranking | 11th |
| Market Share | 0.66% |
The broader cryptocurrency landscape witnessed DOGE's substantial market presence throughout the year. During Q1 2025, the average daily trading volume exceeded $950 million, underscoring strong investor interest and market liquidity. Transaction fees remained competitively low at approximately $0.0021 per transaction, reinforcing Dogecoin's utility for everyday transactions.
Notably, wallet addresses holding over 1 million DOGE increased by 12 percent within the past 12 months, indicating growing institutional and significant retail participation. The currency's market share stabilized at 0.66 percent of the total cryptocurrency market capitalization, reflecting its established position within the digital asset ecosystem. These metrics collectively demonstrate DOGE's sustained momentum and investor confidence throughout 2025.
Dogecoin's circulating supply has reached 152 billion DOGE, establishing it as one of the largest cryptocurrency supplies in the market today. Unlike Bitcoin, which has a capped supply of 21 million coins, Dogecoin operates with an inflationary model that continuously introduces new tokens into circulation. Approximately 5 billion new DOGE coins are issued annually through the mining process, maintaining the network's operational integrity and incentivizing miners to secure the blockchain.
This unlimited supply structure distinguishes Dogecoin from many other cryptocurrencies and presents unique characteristics for investors to consider. The absence of a maximum supply cap means that DOGE's scarcity cannot increase in the traditional sense, yet the network's continued growth and adoption remain central to its value proposition. Current market data demonstrates that despite the expansive supply, Dogecoin maintains a market capitalization exceeding $20 billion, ranking it among the top cryptocurrencies globally.
The inflationary nature of Dogecoin's supply has become increasingly significant as trading volumes surge, particularly during periods of heightened market activity. Recent market trends indicate that investor confidence remains strong, with the community viewing the coin's accessibility and everyday transaction capability as compelling long-term attributes. This supply model, combined with growing adoption for transactions and tipping purposes, continues to shape Dogecoin's market dynamics and investment profile.
Dogecoin's trading activity reached a significant milestone with 24-hour volume hitting $1.82 billion, demonstrating substantial market engagement and liquidity depth. This volume level represents a 20.74% decrease from previous highs, yet still maintains robust trading conditions across multiple exchange platforms.
The following table illustrates DOGE's recent trading dynamics:
| Metric | Value | Change |
|---|---|---|
| 24H Trading Volume | $1.82 billion | -20.74% |
| Current Price | $0.1367 | -0.34% |
| Market Cap | $20.77 billion | Stable |
| 1-Hour Change | +0.52% | Positive momentum |
| 7-Day Change | -8.29% | Moderate decline |
This trading volume surge reflects significant trader interest, with the volume-to-market-cap ratio indicating active capital movement. The $1.82 billion daily volume demonstrates that despite recent price pressures, market participants continue executing substantial transactions through major cryptocurrency platforms.
The circulation supply of approximately 152 billion DOGE tokens, combined with this trading volume, creates favorable conditions for both retail and institutional traders seeking meaningful position adjustments. Such elevated trading activity typically correlates with price discovery mechanisms functioning effectively, allowing the market to efficiently incorporate new information and sentiment shifts into DOGE valuations across distributed exchanges.
Based on the 4-year cycle analysis, Dogecoin has the potential to reach $1. Analysts predict a bullish trend, with some targeting $0.295 in the near term and $1 as a long-term goal.
Based on current trends and expert analysis, DOGE reaching $10 is unlikely. However, projections suggest it could potentially hit $1.10 by 2025, showing significant growth potential.
As of December 2025, $500 would buy approximately 3,289 Dogecoin, based on the current market price.
Based on current trends and market analysis, DOGE could potentially reach $1 to $2 per coin in 5 years, driven by increased adoption and community growth.
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