Dogecoin Price Today: DOGE Slips to $0.0694 as Market Braces for a Choppier August
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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.
For broader market context, see crypto market today and Bitcoin news today. See how Ethereum and XRP are trading today, and check Zcash news today for the latest on ZEC. For today’s full headline roundup, see crypto news today.
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