Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Dogecoin (DOGE) is a cryptocurrency launched in December 2013 that began as a meme-inspired project and grew into one of the most recognized “community coins” in crypto. Under the hood, Dogecoin runs on its own blockchain, uses Proof-of-Work, and is built on the Scrypt mining algorithm (similar to Litecoin).
This 2026 update focuses on verifiable Dogecoin metrics—price, supply schedule, on-chain activity proxies, and network basics—while clearly labeling historical benchmarks and avoiding weak “user count” claims that can’t be reliably verified.
Answer Box (2026): What are Dogecoin’s most important stats?
- Consensus: Proof-of-Work (Scrypt); supports merged mining with Litecoin.
- Supply policy: Unlimited total supply with a fixed 10,000 DOGE block reward and ~1-minute blocks (roughly ~5B DOGE/year issued).
- Network activity proxy: ~35,260 active addresses in the last 24 hours (on-chain estimate; varies day to day).
Key Dogecoin Metrics (2026)
| Metric | Value | Notes / Year |
|---|---|---|
| Launched | December 2013 | Network creation era |
| Consensus / mining | Proof-of-Work (Scrypt) | Scrypt-based PoW |
| Merged mining | Supported (with Litecoin) | Introduced in 2014 |
| Target block time | ~1 minute | Fast settlement cadence |
| Block reward | 10,000 DOGE | Fixed subsidy |
| New DOGE issued (approx.) | ~5B per year | Rule-based issuance; % inflation falls over time |
| Active addresses (proxy) | ~35,260 | Last 24h at time of capture (varies daily) |
Dogecoin Price (Today)
Dogecoin’s price moves with the broader crypto market and social sentiment. As of February 28, 2026, DOGE traded around $0.0906 (USD), with an intraday range roughly between $0.0880 and $0.0938.
Dogecoin Supply and Inflation (How It Works)
Dogecoin does not have a hard cap like Bitcoin. Instead, it uses a predictable issuance schedule with a fixed mining subsidy:
- 10,000 DOGE are minted per block.
- Blocks target about 1 minute, which implies roughly 14.4 million DOGE/day and about ~5B DOGE/year on average.
Because the annual issuance is approximately constant while the overall supply grows, Dogecoin’s percentage inflation rate tends to decline over time.
Mining, Security, and Merged Mining With Litecoin
Dogecoin runs on Scrypt Proof-of-Work. In 2014, Dogecoin was modified to allow merged mining with other Scrypt-based chains—most notably Litecoin—so miners can secure multiple networks simultaneously and receive rewards from more than one chain for the same work.
Dogecoin “User Count” vs. On-Chain Activity
Many posts cite “Dogecoin users” as a single number, but there isn’t one universally accepted definition. Wallets, exchange accounts, and addresses don’t map cleanly to unique people. A more transparent proxy is on-chain activity such as active addresses per day (unique addresses sending or receiving).
For example, one public dashboard shows Dogecoin with ~35,260 active addresses in the last 24 hours at the time the data was captured. This figure can swing widely during market spikes.
FAQ
Is Dogecoin inflationary?
Yes. Dogecoin has an unlimited total supply and a fixed issuance schedule (10,000 DOGE per block). The number of new coins per year is roughly constant, while the percentage inflation rate tends to decline as supply grows.
How many DOGE are created per day?
With ~1-minute blocks and a 10,000 DOGE block reward, Dogecoin mints about ~14.4 million DOGE per day on average (actual results vary slightly with block timing).
Does Dogecoin use Proof-of-Work or Proof-of-Stake?
Dogecoin uses Proof-of-Work with the Scrypt algorithm.
Can Dogecoin be mined with Litecoin?
Yes. Dogecoin supports merged mining with Litecoin (both are Scrypt-based), which allows miners to contribute work that helps secure both networks.
What’s the best way to measure Dogecoin “users”?
There is no single official “user count.” A common on-chain proxy is active addresses per day, but even that doesn’t equal unique people (one person can control many addresses).
Sources
- Dogecoin.com Dogepedia: merged mining explanation (2014)
- Trezor Learn: Dogecoin PoW basics, ~1-minute blocks, merged mining note
- BitInfoCharts: Dogecoin stats (active addresses and other on-chain indicators)
- Galaxy Research: fixed 10,000 DOGE subsidy and implied issuance math
- Wikipedia: summary parameters (block time, block reward, issuance policy)
