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Is Dogecoin Dead?

Coinvote Research Desk

By Coinvote Research Desk

Is Dogecoin Dead?

As of 2026-11-10, Dogecoin is not dead in the literal sense: it trades at $0.06679 with $438.0 million in 24-hour volume and a market cap of $10.46 billion, rank 12. It has faded sharply, though, down 62.9% over one year and 90.9% below its all-time high.

Key data

Dogecoin changed hands at $0.06679 on 2026-11-10, giving it a market cap of $10.46 billion and a rank of 12 on CoinGecko. Trading volume was $438.0 million over 24 hours and $15.89 billion over 30 days. Turnover of that size means the coin is actively traded, which is the opposite of the near-zero volume that usually marks an abandoned token.

The price trend is clearly negative. DOGE is down 11.1% over seven days, 23.2% over 30 days and 62.9% over one year. A year ago the market cap was $27.58 billion, against $10.46 billion now. The one-year high of $0.1818 was set on 2025-11-11, and the one-year low of $0.06684 was set on 2026-11-10, so the coin sits at the bottom of its yearly range rather than in the middle of it.

The all-time high was $0.7316 on 2021-05-07, which leaves the current price 90.9% below that peak. Month-end closes moved from $0.1484 in 2025-11 to $0.09068 in 2026-03, then to $0.1041 in 2026-04, $0.0733 in 2026-06, $0.09386 in 2026-09 and $0.07588 in 2026-10. Coinvote community data cannot add a comparison yet: the coin was listed on 2026-11-10 and has no votes or comments so far.

Market data: CoinGecko, November 10, 2026.

MetricDogecoin (DOGE)
Price$0.06679
Market cap$10.46 billion
Market cap rank (CoinGecko)12
24-hour volume$438.0 million
30-day volume$15.89 billion
7-day change-11.1%
30-day change-23.2%
1-year change-62.9%
Market cap one year ago$27.58 billion
All-time high$0.7316
All-time high date2021-05-07
Distance from all-time high-90.9%
Circulating supply156.68 billion
Contract (verified on CoinGecko)Dogecoin: native coin (no contract)

Coinvote community data

Coinvote votes and comments, November 10, 2026. Votes are one signal of community attention, not of value.

MetricDogecoin (DOGE)
Total votes0
Votes, last 7 days0
Votes, last 30 days0
Comments (total)0
Comments, last 30 days0
Listed on Coinvote since2026-11-10

Live data: Dogecoin on Coinvote · Best Meme Coins Today: Top Memecoins

What "dead" can mean for a meme coin

A coin can be called dead for several different reasons: trading has stopped, developers have left, the community has gone quiet, or the price has collapsed. These are separate conditions and do not always occur together. Dogecoin shows the last one in a strong form, while trading activity, ranking and an organised developer foundation point the other way.

Dogecoin is a native coin with its own blockchain and no token contract, and its genesis date is 2013-12-08. The circulating supply is 156.68 billion against a total supply of 156.69 billion, so the market cap is driven almost entirely by price rather than by new coins entering circulation. A 90.9% distance from the all-time high describes how much value the market has removed since 2021, not whether the network still runs.

Meme coins also tend to move with the wider crypto market and with attention cycles. According to TheStreet, earlier Musk-related catalysts produced sharp moves before an event and a fade afterwards, and a March 2026 post from Musk barely moved the price. Attention-driven demand can therefore weaken without any change to the network itself.

Is anyone still building around Dogecoin?

On 2026-10-21 the Dogecoin Foundation and House of Doge announced Dogecoin Labs, a company meant to own the MyDoge wallet, the DogeOS app platform and the Such App merchant tool, according to Decrypt and CoinDesk. MyDoge said it has grown past 500,000 users without paid acquisition. CoinDesk added that the announcement did not say how many of those users are active, that DogeOS featured applications were still marked "coming soon", and that Such App's link to DogeOS was still at the planning stage.

The corporate structure around the coin is shifting. The Defiant reported on 2026-10-25 that the Foundation and House of Doge ended an exclusive brand deal, with House of Doge keeping limited investment-product rights. According to ad-hoc-news, 21Shares told House of Doge on 5 November that it was ending a support services agreement for the TDOG fund, and the filing did not announce a closure of the fund itself.

Institutional products have had a mixed run. Decrypt reported that the 21Shares fund began trading on Nasdaq on 2026-01-22, and the SEC and CFTC release in source 3 lists DOGE among its examples of digital commodities. Yet Decrypt also noted that Bitwise has since closed its own Dogecoin fund, pointing to weak demand, and TheStreet said two US-listed funds held around $20 million combined. Access exists, but the reporting describes weak inflows.

What changed in the last 12 months

The past year combines new regulated products, a steady price decline and a reorganisation of the companies around Dogecoin. Price points come from CoinGecko data and the other entries from the cited reporting.

  • Nov 2025: Spot Dogecoin funds from Grayscale and Bitwise began trading in the United States, according to Decrypt, ahead of the later 21Shares product. (Decrypt)
  • Nov 2025: DOGE reached its one-year high of $0.1818 on 2025-11-11, with a month-end close of $0.1484. (CoinGecko)
  • Jan 2026: The 21Shares spot Dogecoin fund, endorsed by the Dogecoin Foundation, began trading on Nasdaq under the ticker TDOG, according to Decrypt. (Decrypt)
  • Mar 2026: A joint SEC and CFTC interpretive release, effective March 23, 2026, listed Dogecoin among its examples of digital commodities. The release is an interpretation, not legislation. (U.S. SEC (Release No. 33-11412))
  • Jun 2026: The month-end close fell to $0.0733 from $0.1006 a month earlier, and the market cap fell to $11.35 billion. (CoinGecko)
  • Sep 2026: DogeOS opened a public test network on Sept. 30, letting developers build Ethereum-style applications that use test DOGE, according to CoinDesk. (CoinDesk)
  • Oct 2026: Dogecoin Labs was announced on Oct. 21 to combine MyDoge, DogeOS and Such App under one company led by Jordan Jefferson, according to Decrypt. (Decrypt)
  • Oct 2026: The Defiant reported that the Dogecoin Foundation and House of Doge ended an exclusive brand deal, with House of Doge keeping limited investment-product rights. (The Defiant)
  • Nov 2026: According to ad-hoc-news, 21Shares ended its support services agreement with House of Doge for the TDOG fund on 5 November, and the filing did not announce a closure of the fund. (ad-hoc-news)
  • Nov 2026: DOGE touched its one-year low of $0.06684 on 2026-11-10, with a 30-day decline of 23.2%. (CoinGecko)
MonthDOGE close
Nov 2025$0.1484
Dec 2025$0.1232
Jan 2026$0.116
Feb 2026$0.09416
Mar 2026$0.09068
Apr 2026$0.1041
May 2026$0.1006
Jun 2026$0.0733
Jul 2026$0.07056
Aug 2026$0.08205
Sep 2026$0.09386
Oct 2026$0.07588
Nov 2026$0.06684

Last daily price of each month (CoinGecko); the latest month is still running.

Signs of life and warning signs

Signs of life

  • Trading volume of $438.0 million over 24 hours and $15.89 billion over 30 days shows that buyers and sellers are still active.
  • A market cap of $10.46 billion keeps Dogecoin at rank 12 on CoinGecko, so it remains one of the larger crypto assets.
  • Dogecoin Labs, announced on 2026-10-21, consolidates three consumer products under one company, according to Decrypt and CoinDesk.
  • MyDoge reported more than 500,000 users, and the beta version of Such App can already handle invoices and QR-code payments made face to face, according to CoinDesk.
  • The 21Shares fund trades on Nasdaq and the SEC and CFTC release names DOGE among its digital commodity examples, which places the coin inside the US regulatory conversation.

Warning signs

  • The price is 90.9% below the 2021-05-07 all-time high of $0.7316 and 62.9% below its level one year ago.
  • The 2026-11-10 price equals the one-year low of $0.06684, with declines of 11.1% over seven days and 23.2% over 30 days.
  • Market cap fell from $27.58 billion a year ago to $10.46 billion, which shows large value leaving the asset.
  • Bitwise closed its Dogecoin fund and pointed to weak demand, and TheStreet put the combined assets of the two US-listed spot funds at around $20 million.
  • CoinDesk noted that DogeOS applications were still marked "coming soon" and that a planned security link to the Dogecoin blockchain remains a draft, so much of the ecosystem pitch is not yet in use.

How to read this

No single figure settles the question. Volume and rank show that Dogecoin is liquid and widely known, while the distance from the all-time high and the one-year decline show that the market now values it far below earlier levels. The accurate description is a heavily traded coin in a prolonged downtrend, not a coin that has stopped functioning.

Reporting on the ecosystem should be read with its limits. Announcements such as Dogecoin Labs describe intentions and early products, and CoinDesk pointed out that user activity and application readiness were not yet shown. The corporate changes reported around House of Doge concern the companies and funds around Dogecoin, and ad-hoc-news itself stated that they do not alter how the network operates.

Meme coins are volatile, and the month-end closes over the past year moved in both directions before reaching the current low. Past moves say nothing about future prices. Coinvote votes and comments are one signal among others, they reflect only the users who take part, and for Dogecoin they cannot be read yet because the page was only just listed. For other coins in the category, see the meme coins page.

FAQ

Is Elon Musk still holding DOGE?

No recent verifiable disclosure of Musk's Dogecoin holdings appears in the cited reporting. TheStreet, on 2026-07-27, described his past public comments and noted that a March 2026 post barely moved the price, but it did not report what he holds.

Is Dogecoin still used for payments?

Some payment tools exist but their reach is not measured in the reporting. CoinDesk said the Such App beta can already handle invoices and QR-code payments made face to face, and Decrypt said the number of products built on DOGE remains small compared with its audience. No figure for payment volume is available.

Can Dogecoin recover?

Nothing in the data can answer that. The price of $0.06679 is at its one-year low and the month-end closes went both up and down during the past year. Past moves do not indicate future prices, and no source in the reporting addresses what comes next.

Does Dogecoin still have exchange-traded funds?

The 21Shares TDOG fund began trading on Nasdaq on 2026-01-22, and according to ad-hoc-news its filing did not announce a closure. Decrypt reported that Bitwise has closed its own Dogecoin fund, pointing to weak demand.

Sources

Last updated: November 10, 2026. By Coinvote Research Desk. This explainer describes public data and reporting; it is not financial advice, not a recommendation to buy, sell or hold any asset, and past price moves say nothing about future ones. Meme coins are highly volatile and can lose most or all of their value.


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