Dog (Bitcoin)

Dog (Bitcoin), ticker DOG, is a meme token native to the Bitcoin blockchain, issued under the Runes protocol standard. It positions itself as a fully community-driven project with no central owner, aimed at drawing a broad general audience into the Bitcoin ecosystem through culture, humor, and grassroots participation. It does not claim to solve a technical problem but rather frames community growth and decentralized ownership as its core purpose.

DOG exists as a Bitcoin Runes token, meaning it is recorded and settled directly on Bitcoin's layer-1 blockchain and stored in unspent transaction outputs, the same data structure that holds bitcoin itself. Security is inherited from Bitcoin's proof-of-work consensus, so DOG has no separate consensus algorithm of its own. The token has no protocol-defined utility function; its on-chain role is limited to being transferred between addresses as a fungible Runes asset.

The data stored for DOG records no fee stream — the protocol does not collect fees, and no fee revenue is attributed to token holders or a treasury. This means the fee-based measures that this site calculates for some other assets are not applicable here. The entire maximum supply of 100,000,000,000 DOG is already in circulation, giving a circulating-to-maximum supply ratio of 100 percent, a dilution overhang of 0 percent, and a fully diluted value equal to the market capitalization of approximately 91,985,640 USD at the point-in-time recorded.