How Many Dogecoins Are There in 2025?

Key Takeaways

• Many people believe there is an infinite circulating supply of Dogecoin (DOGE).
• The circulating supply of Dogecoins is approximately 149.95 billion DOGE as of early July 2025.
• When Dogecoin was first released, about a hundred billion Dogecoins were put into circulation.
• The supply of DOGE increases over time due to demand, making it unstable.
• Dogecoin is a cryptocurrency with an infinite supply, primarily because miners continuously create more Dogecoin.
• Each unit of Dogecoin has a relatively low fiat value, requiring millions of units to equal a reasonable value.
• DOGE was created as a parody of popular cryptocurrencies like Bitcoin and Litecoin.
• No policies were implemented to limit the total supply of Dogecoins.
• The crypto community embraced Dogecoin as a meme coin and alternative payment method.
• Developers introduced a structure for token distribution and a hash protocol for mining Dogecoin.
• No deflationary policies have been adopted for Dogecoin, which affects the price of Dogecoin.
• The annual issuance rate is fixed at approximately 5 billion DOGE per year, leading to continual inflation.
• The inflation rate is gradually decreasing, from around 5.3% in early years to about 3.4% by 2025

Many people think there is an infinite circulating supply of Dogecoin (DOGE). This presumption isn’t surprising, given that Dogecoin’s supply increases by billions of units from time to time. The relatively low value of Dogecoin makes it possible for incredibly high amounts of units to be in circulation.

Nonetheless, the question of how many Dogecoins exist pops up from time to time in the crypto space. As of late 2022, there are currently 132.6 billion Dogecoins in circulation. When Dogecoin was released for public use, about a hundred billion Dogecoins were released into circulation.

As of early July 2025, the circulating supply is approximately 149.95 billion DOGE.

Over time, increased demand for the coin has caused the supply to increase at an equivalent rate, making Dogecoin significantly more Dogecoin than Bitcoin. This demand and supply chain makes the amount of DOGE in circulation unstable. Luckily, this isn’t necessarily a bad thing in the context of the Dogecoin ecosystem.

Dogecoin (DOGE) is one of the many cryptocurrencies with an infinite supply today. This unending supply is partially based on the fact that people mine DOGE for a living. And because each unit has a relatively low fiat value, it takes a lot of units numbering up to millions to equate a reasonable value in fiat currency.

The annual issuance rate is fixed at ~5 billion DOGE per year (~10,000 DOGE per block, 1‑minute blocks), which leads to a continual inflation, though inflation rate (%) is gradually decreasing—from ~5.3 % in early years to ~3.4 % by 2025.

Is The Supply of DOGE Limited?

Dogecoin has gained significant popularity in recent years, especially among retail investors. Its low cost and a block transaction time of just one minute contribute to its appeal. Many people frequently inquire about how many Dogecoins are left and if there is a limit on its supply.

Currently, approximately 5 billion DOGE are added annually, averaging around 14.4 million DOGE per day. With about 150 billion already in circulation, this results in an estimated yearly inflation rate of 3–4% by 2025, which can influence the price of DOGE.

Initially, Dogecoin’s creators, Billy Markus and Jackson Palmer, intended to cap the total supply at slightly over a hundred billion units. However, due to rising demand, they did not implement this cap. As a result, there is currently no limit to the total number of Dogecoins that can ever be created.

Facts and Numbers on the Dogecoin Cryptocurrency

Here are some facts and numbers on the beloved dogecoin.

• Dogecoin is a cryptocurrency created by Billy Markus and Jackson Palmer in 2013 as a joke.
• The name, logo, and ticker of Dogecoin were inspired by the famous “Doge” internet meme featuring a Shiba Inu dog.
• Dogecoin was initially intended as a fun, lighthearted alternative to other cryptocurrencies.
• The co-founder of Dogecoin, Jackson Palmer, has since left the project. Jackson left the Dogecoin project in 2015, impacting the future of the Dogecoin blockchain.
• Dogecoin has a total number of Dogecoins that continues to grow due to its inflationary nature. circulating supply ~149.95 billion, market cap ~$25 billion at ~$0.167 per DOGE, with a live price reflecting the trading volume on the Dogecoin network.
• Dogecoin uses a proof-of-work algorithm, similar to Bitcoin, but with a 90 percent shorter block time of only one minute.
• Dogecoin’s fast transaction speed makes it popular for small, everyday transactions.
• Dogecoin has a robust online community with its subreddit and forums.
• Dogecoin has a relatively low value compared to other cryptocurrencies, with a single coin currently worth around $0.10065

The total number of dogecoins worldwide is significantly higher than that of bitcoin, as dogecoin was created in 2013 by Billy Markus and has an unlimited supply. Unlike bitcoin’s capped limit of 21 million coins, dogecoin allows for an ever-increasing number of coins to be mined, leading to price fluctuations and a current price that remains lower compared to the all-time high previously reached. The potential of dogecoin continues to capture attention in the market, especially with notable figures like Mark Cuban expressing interest.

Who Owns The Most Number Of Dogecoins?

The largest Dogecoin wallet holds around 27% of all DOGE, which is about 41 billion coins. It likely belongs to Robinhood, holding coins on behalf of its users—not a single person.

The top 10 wallets combined hold over 50% of Dogecoin transactions occur on the Dogecoin network. of all DOGE. Most of these are crypto exchanges or platforms, not individual whales.

Billy Markus and Jackson Palmer, the creators of Dogecoin, don’t hold large amounts. Markus sold his DOGE back in 2015, and Palmer left the project entirely.

Elon Musk supports Dogecoin but says he doesn’t own a large amount and doesn’t want to create a conflict of interest.

There’s also the Dogecoin Foundation, which likely holds a smaller stash to support development, but exact numbers are unknown.

How Much Dogecoin Is in Circulation?

As of July 2025, there are approximately 149.95 billion Dogecoins in circulation.

Dogecoin doesn’t have a maximum supply, so this number keeps growing. About 5 billion new DOGE are added to the supply each year through mining — that’s around 10,000 DOGE every minute.

This steady issuance means the total supply increases over time, but the inflation rate gradually decreases as the overall supply gets larger.

So while the number of Dogecoins in circulation keeps rising, the percentage of new coins added each year becomes smaller.

Is Dogecoin Strongly Positioned In The DeFi Space?

Today, the price of Dogecoin is considered a firmly positioned cryptocurrency for several reasons, including a supportive community, a low entry barrier, and a low transaction fee, which attract new miners.

Dogecoin is not considered a major player in the DeFi (Decentralized Finance) space.

While it has a huge community and is widely used for tipping, payments, and memes, it lacks DeFi infrastructure like smart contracts, lending protocols, or native staking that you’d find with Ethereum, Solana, or Avalanche.

That said, DOGE is sometimes wrapped (as wDOGE) and used in DeFi ecosystems on other chains like Binance Smart Chain or Ethereum, but these use cases are still limited.

In short:

• Dogecoin is popular and well-known,
• But it’s not deeply integrated into the DeFi ecosystem,
• Its strength lies more in community, payments, and brand recognition, not DeFi utility.

In addition, Dogecoin has a relatively low transaction fee on global cryptocurrency exchange platforms. Unlike other cryptocurrencies with high transaction fees, Dogecoin has a low transaction fee, making it more affordable. This has contributed to its popularity and has made it a preferred currency on crypto exchange platforms where you can buy Dogecoin with USD.

FAQ

How many DOGE are left to mine?

• There is no maximum supply for DOGE—it’s inflationary in the Dogecoin ecosystem, leading to a unique dynamic compared to Ethereum.
• Circulating supply is roughly 149.95 billion DOGE, which is the same as the total supply reported on most trackers.

Because new DOGE is created continuously through mining and none is burned, “left” refers to what’s currently circulating—so that is ~149.95 billion.

How many Dogecoin coins are there?

While there’s no cap, issuance is fixed at ~5 billion DOGE per year, which translates to roughly:

• 10,000 DOGE per 1-minute block,
• Or ~14.4 million DOGE per day,
• Or ~5 billion DOGE per year

So “left to mine” is unbounded—you can continue mining Dogecoin indefinitely at this steady schedule. There’s no remaining quota to hit.

Is there a max supply of DOGE?

No, there is no maximum supply. After the initial 100 billion DOGE mined by mid‑2015, inflation remains a significant factor in the price today. fixed:

• 5 billion DOGE added every year forever, ensuring a continuous influx of new Dogecoin into the market.,
• That equals about 3–4 % inflation annually contributes to the total number of Dogecoins in circulation. (declining slowly over time) in the Dogecoin network.

Is DOGE’s Supply Centralized?

Doge’s supply is more decentralized than not. There’s no government influence over the amount of Dogecoin that enters circulation. Furthermore, about 10,000 DOGE enter into circulation every minute because of mining activities.

Is There A Limit To How Many Dogecoins Can Be Mined In A Day?

Because each block contains 10,000 Dogecoins and takes about a minute to process, there’s a limit to how much Dogecoin can be mined in a day. This limit is the amount of dogecoin mined every minute, multiplied by 60 minutes and 24 hours, which is 14.4 million DOGE.

How Is Dogecoin Primarily Used?

Dogecoin is a meme coin primarily used as a form of payment. But it can also be used to mint NFTs and for staking, alongside various other purposes.