How Is the Crypto Market Performing in July 2025? Top Rankings, Supply Metrics, and Trading Volume

Dogecoin ranks 8th with $40.1 billion market cap, up 71% in 30 days

Dogecoin has secured its position as the 8th largest cryptocurrency by market capitalization, reaching an impressive $40.1 billion valuation. This remarkable achievement represents a stunning 71% increase over the past 30 days, significantly outpacing many other digital assets in the same timeframe. With a current price of approximately $0.267 per token, DOGE has demonstrated extraordinary momentum in recent weeks, capturing the attention of both retail and institutional investors alike.

The token's performance metrics reveal notable growth across multiple timeframes:

| Time Period | DOGE Price Change | |-------------|------------------| | 24 Hours | -1.93% | | 7 Days | +40.05% | | 30 Days | +71.01% | | 90 Days | +46.36% |

Daily trading volume has reached $6.3 billion, indicating robust market activity and strong investor interest. This surge in DOGE's value coincides with broader positive sentiment in cryptocurrency markets, yet DOGE's 71% monthly gain stands out even among top performers. Dogecoin's market dominance has now reached 1.03% of the entire cryptocurrency market.

The data suggests that despite its origins as a meme coin, Dogecoin has established itself as a serious contender in the digital asset space. Its performance has validated early supporters who recognized its potential beyond its humorous beginnings. With a circulating supply of 150.2 billion DOGE tokens, the project continues to attract attention from traders and investors seeking high-growth opportunities in the cryptocurrency sector.

DOGE circulating supply reaches 150.2 billion coins with no max supply

Dogecoin's circulating supply has now reached 150.2 billion coins, marking a significant milestone for the cryptocurrency that began as a meme. Unlike Bitcoin and many other cryptocurrencies, DOGE operates without a maximum supply cap, allowing for perpetual inflation through continuous mining. This unique characteristic affects its tokenomics and potential value in distinct ways.

Current market data showcases DOGE's position in the cryptocurrency ecosystem:

| Metric | Value | |--------|-------| | Circulating Supply | 150.2 billion DOGE | | Market Cap | $40.1 billion USD | | Current Price | $0.267 USD | | 24h Trading Volume | $6.3 billion USD | | Market Rank | #8 |

The absence of a supply ceiling means approximately 5 billion new DOGE enter circulation annually. While some critics argue this unlimited supply model could theoretically diminish value over time, DOGE has demonstrated remarkable resilience, posting a 71% price increase over the past 30 days and 46.36% over the past quarter. Originally designed with a 100 billion coin limit, this cap was removed early in its development. The increasing supply hasn't prevented DOGE from maintaining substantial trading volumes and community support, demonstrating that tokenomics alone don't determine a cryptocurrency's market performance or adoption rates.

24-hour trading volume surges to $6.3 billion across 1,258 markets

Dogecoin has demonstrated remarkable market dynamics with its trading volume reaching an impressive $6.3 billion within a 24-hour period. This substantial trading activity spans across 1,258 active markets globally, highlighting DOGE's extensive reach and liquidity depth in the cryptocurrency ecosystem. The surge in trading volume coincides with notable price movements, as DOGE has experienced a 40.04% increase over the past week and a substantial 71.01% growth over the last 30 days.

This trading momentum appears to be driven primarily by institutional buying, which has effectively tripled the coin's typical volume. Market analysts point to this institutional interest as a key catalyst behind DOGE's recent performance. The increased trading activity has positioned Dogecoin firmly among the top cryptocurrencies, currently ranking 8th with a market capitalization of approximately $40.1 billion.

| Metric | Value | Change | |--------|-------|--------| | 24h Trading Volume | $6.3 billion | +0.74% (24h) | | Active Markets | 1,258 | - | | 7-Day Price Change | +40.05% | - | | 30-Day Price Change | +71.01% | - | | Market Capitalization | $40.15 billion | 1.03% market dominance |

The significant trading activity across so many markets demonstrates strong liquidity and widespread adoption of DOGE despite its origins as a meme coin. This level of market engagement suggests continued interest from both retail and institutional investors in the medium term.

DOGE available on major exchanges with 40% weekly price increase

Dogecoin (DOGE) has experienced a remarkable surge in value, with its price climbing approximately 40% in just one week. Currently trading at around $0.27 per coin, this popular cryptocurrency continues to demonstrate significant market momentum. According to recent data from market tracking platforms, DOGE's market capitalization now stands at an impressive $40.14 billion, reflecting growing investor confidence.

| Metric | Current Value | Change | |--------|--------------|--------| | DOGE Price | $0.267 | +40.04% (7 days) | | Market Cap | $40.14 billion | +71.01% (30 days) | | 24h Trading Volume | $6.30 billion | +0.73% |

The original meme coin's accessibility across numerous trading platforms has contributed significantly to its recent price performance. DOGE can be traded on over 1,250 active markets, making it highly accessible to investors worldwide. This widespread availability, combined with its strong community support, continues to drive adoption and price appreciation. Institutional interest has notably increased as well, with trading volume recently tripling to approximately 2.01 billion DOGE in a single 24-hour period. This surge in volume provides strong evidence that both retail and larger investors are actively engaging with the asset during its current upward trajectory.

For those interested in trading DOGE, you can find it on Gate, a leading cryptocurrency exchange platform. Gate offers a user-friendly interface and competitive fees for trading various cryptocurrencies, including DOGE. Additionally, some investors may be interested in staking opportunities to potentially earn passive income on their DOGE holdings.