The current price of Dogecoin (DOGE) is approximately $0.070 as of Friday, August 7, 2026. The original memecoin has traded in a narrow band over the past 24 hours, between roughly $0.0686 an
The current price of Dogecoin (DOGE) is approximately $0.070 as of Friday, August 7, 2026.
The original memecoin has traded in a narrow band over the past 24 hours, between roughly $0.0686 and $0.0702, moving largely in line with Bitcoin and the wider market.
Dogecoin Price
Dogecoin price (DOGE to USD)
$0.070
24-hour range
$0.0686 – $0.0702
Market capitalization
$10.8 billion
All-time high
$0.7376 (May 2021)
Dogecoin has no cap on supply and no central development roadmap, so its price is driven largely by market sentiment, retail demand and social-media momentum rather than fundamentals.
This week, DOGE has followed the broader crypto market higher after the July U.S. jobs report missed badly — 23,000 jobs lost versus forecasts of roughly 80,000 gains — which cooled expectations for further Fed rate hikes and lifted risk assets.
As a high-beta memecoin, Dogecoin tends to amplify the market's moves in both directions.
As of August 7, 2026, one Dogecoin is worth approximately $0.070. The token trades far below its all-time high of about $0.74, set in May 2021 during the last major memecoin cycle.
Related: What are meme coins? Explained
Dogecoin's market capitalization is about $10.8 billion, keeping it among the largest cryptocurrencies by value.
Unlike Bitcoin's fixed 21 million cap, Dogecoin has an unlimited supply, with roughly 5 billion new coins issued each year — a feature that makes it inflationary by design.
As of August 7, 2026, Dogecoin is trading at roughly €0.060 (EUR), £0.052 (GBP), CA$0.097 (Canadian dollar) and ₹6.60 (Indian rupee), based on prevailing exchange rates.
Dogecoin is a cryptocurrency created in 2013 by software engineers Billy Markus and Jackson Palmer as a lighthearted parody of the crypto boom, featuring the "Doge" Shiba Inu meme.
Despite its joke origins, it grew into one of the most widely held cryptocurrencies, buoyed by an active online community and repeated endorsements from high-profile figures including Elon Musk. It is primarily used for tipping, small payments and speculation.
Disclaimer: This article is for informational purposes only and is not investment, financial, or tax advice, or a recommendation to buy or sell any asset. Prices are accurate only as of the time of writing and can change without notice. Cryptocurrencies, especially memecoins, are highly volatile and can result in loss of capital — do your own research before investing.
