Last Updated: August 1, 2026
Dogecoin is trading at $0.06941 as of August 1, 2026, down 0.02% over the past hour though still up 0.58% over the past week, holding relatively steady as broader crypto pulls back to start the new month.
Key Takeaways
- DOGE trades at $0.06941, roughly flat over the past 24 hours and up 0.58% over the past week
- Market cap sits near $10.83 billion on $519.04 million in 24-hour volume, with circulating supply at 155.3 billion DOGE
- July closed as one of the strongest months for crypto broadly in over a year, with the CoinDesk 20 index on track for its biggest monthly gain since July 2025
- The broader DeFi sector fell roughly 3% today, a headwind for risk appetite that’s weighed on several majors more than it has on DOGE
- Dogecoin’s all-time high remains $0.7376, set on May 8, 2021
Metrics
| Metric | Value |
|---|---|
| Price | $0.06941 |
| Market Cap | $10.83B |
| 24h Volume | $519.04M |
| Circulating Supply | 155.3B DOGE |
| All-Time High | $0.7376 (May 8, 2021) |
| 1h / 24h / 7d Change | -0.02% / -0.14% / +0.58% |
Price Analysis
Dogecoin is holding relatively steady today, outperforming several majors during a broader market pullback that’s hit DeFi tokens and Bitcoin more sharply. DOGE remains up modestly for the week, a calmer stretch after several sessions of larger swings tied to shifting Fed expectations earlier in the month.
Support and Resistance
| Level | Price |
|---|---|
| Resistance 2 | $0.0750 |
| Resistance 1 | $0.0720 |
| Current Price | $0.06941 |
| Support 1 | $0.0680 |
| Support 2 | $0.0650 |
Dogecoin Price Prediction
Short-term, DOGE’s direction will likely track broader risk sentiment as markets digest July’s strong close and position for what analysts are calling a potentially “choppy” August. Upcoming US jobs data and lingering rate-hike concerns are the key macro catalysts likely to shape sentiment over the coming weeks, with DOGE’s own price action expected to track that broader mood absent a specific meme coin catalyst.
Longer-term price outlooks for Dogecoin vary widely across analysts and depend heavily on assumptions about continued retail adoption, potential ETF developments, and DOGE’s ongoing integration with payment platforms like X Payments. Because Dogecoin has an uncapped supply — with roughly 5 billion new coins mined each year — any long-term price prediction has to account for that ongoing dilution alongside demand growth. BlockchainReporter does not publish specific long-term price targets, since these are inherently speculative; instead, we recommend evaluating DOGE’s fundamentals alongside broader market conditions rather than relying on any single prediction.
What Could Happen Next
- Bullish case: A stabilization in broader risk sentiment following July’s strong close could help DOGE build on its weekly gain and test resistance near $0.072.
- Base case: DOGE consolidates in the $0.068-$0.072 range, tracking broader market sentiment through a potentially choppier August rather than setting an independent trend.
- Bearish case: A broader risk-off move tied to disappointing jobs data or renewed rate-hike fears could push DOGE back toward $0.065 support.
Why Is Dogecoin Trending Today?
DOGE’s relative steadiness today stands out against a broader market pullback led by weakness in DeFi tokens and Bitcoin’s own profit-taking after a strong July. There’s no DOGE-specific catalyst behind today’s price action, which continues to track general market sentiment more than any independent driver.
