Dogecoin Enters Phase of Gradual Token Unlocking Amid Stable Market

This week, Dogecoin ($DOGE) is set for a significant unlock involving 95.5 million tokens, worth approximately $22.9 million at the current rate ($0.24 as of July 30, 2025). The tokens will unlock gradually through a linear schedule, helping to avoid market shocks and reduce investor risks. Key data shows DOGE has a market cap of $33.1 billion, with a daily trading volume of $2.45 billion. The total supply stands at 144.5 billion DOGE, with a near unchanged circulating supply post-unlock (~144.6 billion). Despite a weekly price decline of 2.7%, liquidity remains robust, and trading volumes are high, suggesting the market can absorb the new tokens without significant price impact. Beyond DOGE, similar unlock events are anticipated for Solana (SOL) with $15.3 million, TRUMP with $6.8 million, and Worldcoin (WLD) with $9.4 million. However, DOGE remains the focal point due to its cult popularity, high demand, and active social media presence. Considering the stable fundamental metrics and the smooth unlocking process, sharp volatility is unlikely in the short term. Nonetheless, traders should monitor demand fluctuations closely, as they could influence market dynamics.