Dogecoin DOGE is currently priced at $0.086. Approximately 5.256 billion DOGE are issued annually, which at the current price equals about $452 million, resulting in an inflation rate of roughly 3.4%. Back in 2021, Elon Musk hyped up Dogecoin like crazy, giving retail investors a sense of 'faith and hope,' turning many into loyal 'fans' of DOGE. This naturally makes it harder to shake out weak hands. In my opinion, the shakeout cycles for DOGE during these two bear markets won’t differ too much.