Cryp2Nova

Puell Multiple

Dogecoin

The Puell Multiple divides daily miner issuance revenue by its 365-day average, gauging miner profitability.

Why it matters

It identifies cycle extremes from the perspective of miner income.

How it is built

Daily USD issuance value is divided by its 365-day moving average.

What to watch

Very low values mark miner stress near bottoms; very high values mark cycle-top euphoria.

Measured on this chain

Puell Multiple on Dogecoin last read 0.7039 on Aug 24, 2026, a change of +39.55% over 30 days, ranging from 0.4627 (Feb 5, 2026) to 3.28 (Nov 13, 2024).

Latest reading
0.7039
Aug 24, 2026
Change
1d -4.16%
30d +39.55%
90d +10.75%
1y -32.24%
Range
Low 0.4627·Feb 5, 2026
High 3.28·Nov 13, 2024
Coverage
Jun 16, 2024Aug 24, 2026
800 readings
Recent readings
DateValue
Aug 13, 20260.5244
Aug 14, 20260.5291
Aug 15, 20260.5266
Aug 16, 20260.5342
Aug 17, 20260.5424
Aug 18, 20260.5254
Aug 19, 20260.5734
Aug 20, 20260.6171
Aug 21, 20260.7071
Aug 22, 20260.706
Aug 23, 20260.7345
Aug 24, 20260.7039

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

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