Cryp2Nova

Mcap to Thermocap

Dogecoin

Market cap divided by thermocap.

Why it matters

It measures how much the market pays above the network's build cost.

How it is built

Aggregated per day directly from the chain's own ledger — measured, not estimated or interpolated.

What to watch

Low readings have coincided with cycle bottoms and high ones with tops — it is among the longest-memory metrics there is.

Measured on this chain

Mcap to Thermocap on Dogecoin last read 3.71 on Sep 22, 2026, a change of +7.33% over 30 days, ranging from 2.58 (Aug 6, 2026) to 26.43 (Nov 23, 2024).

Latest reading
3.71
Sep 22, 2026
Change
1d +7.2%
30d +7.33%
90d +24.9%
1y -62.73%
Range
Low 2.58·Aug 6, 2026
High 26.43·Nov 23, 2024
Coverage
Jul 15, 2024Sep 22, 2026
800 readings
Recent readings
DateValue
Sep 11, 20263.11
Sep 12, 20263.16
Sep 13, 20263.1
Sep 14, 20263.12
Sep 15, 20263.06
Sep 16, 20262.98
Sep 17, 20263
Sep 18, 20263.16
Sep 19, 20263.28
Sep 20, 20263.16
Sep 21, 20263.46
Sep 22, 20263.71

Read from our own stored series, not quoted from a page.

Related metrics

Mcap to Thermocap — Dogecoin · Cryp2Nova