Dogecoin Linear Unlock Set To Introduce Almost 100M New DOGE Tokens To Supply
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The Dogecoin supply has risen steadily over the years, given that there is no limit to how many tokens that could be mined. This infinite number has often worked against the digital asset, as the constant rise in supply has affected the ability of demand to stay ahead. Now, again, even more tokens are about to be sent into circulation, causing the Dogecoin supply to rise once more.
Dogecoin Linear Unlocks in 7 Days
Reporter Wu Blockchain took to X to share information on massive token unlocks that are coming into the market. Among the most notable ones is Dogecoin, which is seeing a large amount of tokens that are going to be unlocked over a period of seven days.
According to the report, a total of 96.52 million Dogecoin tokens are expected to be unlocked during this one week period, starting on Monday. Token Unlocks data shows that $3.41 million worth of DOGE are expected to be unlocked daily, which works out to approximately 14 million tokens being released everyday.
By the time the unlocks are done, the Dogecoin supply would have grown around 0.06%. While this figure does seem insignificant compared to the already massive DOGE supply, the news could still have an impact on the meme coin's price. As $22.75 million in total is being circulated into the market, it could trigger selling pressure, which could lead to a temporary correction in the Dogecoin price.
Nevertheless, the Dogecoin price has shaken off the first batch of release and continues to trade high as bulls are still maintaining support above $0.22. If buying pressure continues to be high, then it is possible that the market absorbs the DOGE token unlocks without any noticeable impact on price.
Read More Solana protocol fees jump as SOL targets more upside
Other Token Unlocks To Watch Out For
Besides the Dogecoin linear unlocks, there are also other tokens seeing a notable number of tokens being either cliff or linearly unlocked. The likes of Aptos, Avalanche, and Arbitrum are all seeing unlocks crossing $30 million in value. These unlocks are being done on a cliff basis. Other ones include $10.30 million in MELANIA tokens, further threatening the TRUMP-adjacent token that has done nothing but crash since its release.
Source: X
When it comes to linear unlocks, the highest one is coming from Solana, with 455,770 SOL worth $81.84 million being released in seven days. Worldcoin's 37.23 million tokens worth $48.02 million comes in second, and Celeste's 6.96 million tokens worth $22.48 million comes third. Dogecoin is a close fourth with its $22.75 million figure.
DOGE struggles to stay ahead of bears | Source: DOGEUSDT on TradingView.com
Featured image from Dall.E, chart from TradingView.com
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CBS News
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Elon Musk on DOGE and why he doesn't want to "take responsibility for everything the administration's doing"
Elon Musk on DOGE and his work in and out of government Elon Musk on DOGE and his work in and out of government Elon Musk on DOGE and his work in and out of government In the beginning, Donald Trump and Elon Musk got along great. "He is a truly incredible guy," Trump said at a campaign rally last October, "and I don't say that that often." Musk spent $288 million to elect Trump and his allies. The president invited Musk into the Oval Office and Cabinet meetings. Musk called himself "first buddy." Mr. Trump welcomed Musk's idea to create a Department of Government Efficiency. ["You gotta give him credit!" the president told reporters.] Musk demonstrated his goals for DOGE by wielding a chainsaw at a February meeting of the Conservative Political Action Conference. "This is the chainsaw for bureaucracy!" he bellowed. Elon Musk holds a chainsaw reading "Long live freedom, damn it" during the annual Conservative Political Action Conference (CPAC) at the Gaylord National Resort & Convention Center at National Harbor in Oxon Hill, Maryland, on February 20, 2025. SAUL LOEB/AFP via Getty Images In four months, DOGE took the chainsaw to every federal department: 250,000 workers were fired or bought out; Musk even slashed grants and staffing at environmental agencies, like the EPA and NOAA, after decades of warning about the risks of climate change. But Musk did not enjoy the pushback. There were acts of violence; death threats; lawsuits; mandatory re-hirings; and shouting matches with Cabinet members. Tesla profits plummeted by 71%—and Musk's net worth dropped by $100 billion. Last month, Musk finally left Washington, but still intended to work on DOGE a day or two a week. And this past Tuesday, he offered "Sunday Morning" an interview at SpaceX's headquarters near Brownsville, at the southern tip of Texas. "It's a bit unfair" We knew we were in the right neighborhood when we saw a huge bust of Musk, installed by his admirers—and vandalized by his critics. A vandalized bust of Elon Musk outside his SpaceX facility in southern Texas. CBS News But the interview didn't get off to a smooth start. I asked, "I noticed that all of your businesses involve a lot of components, a lot of parts. Do the tariffs and the trade wars affect any of this?" "You know, tariffs always affect things a little bit," Musk replied. "I'm wondering what your thought is on the ban on foreign students, the proposal. I mean, you were one of those kids, right?" "Yeah. I mean, I think we wanna stick to, you know, the subject of the day, which is, like, spaceships, as opposed to, you know, presidential policy," Musk said. "Oh, okay," I said. "I was told anything is good, but…" "No, well—no," Musk replied. Correspondent David Pogue and SpaceX CEO Elon Musk, who says he is stepping away from his White House role at the Department of Government Efficiency (DOGE). CBS News But Musk was willing to talk about the DOGE firestorm. I asked him, "You've spoken about how much of a grind and a stress it was on you, and you know, Tesla's reputation took a hit, your reputation took a hit. People are very upset about [effects on] Social Security, and national parks, and air traffic, and food safety, and cancer research, Alzheimer's research. Now that you've had a chance to look at it, might there have been a different approach?" Musk said, "Yeah, I think … what was starting to happen was that, like, it's a bit unfair because, like, DOGE became the whipping boy for everything. So, if there was some cut, real or imagined, everyone would blame DOGE. I've had people think that, like, somehow DOGE is gonna stop them from getting their Social Security check, which is completely untrue." I asked, "I was just thinking about the, you know, 'move fast and break things,' you know, before you really understand what the agency does?" "Yeah, I mean, I guess part of it is, like, is it depends on where you're coming from," Musk said. "I'm like a proponent of smaller government, not bigger government. So, now if somebody's a proponent of, you know, more government programs and bigger government, and they see, 'Hey, DOGE is cutting all these government programs,' then they'll be fundamentally opposed to that because they just think the government should do more things. That's just a fundamental, I guess, ideological opinion. "But my frank opinion of the government is that, like, the government is just, like, the DMV that got big, okay? So, when you say it like, 'Let's have the government do something,' you should think, 'Do you want the DMV to do it?'" And then, Musk started talking about the Trump administration, without even being asked about Trump. "And you know, it's not like I agree with everything the administration does," said Musk. "So it's like, I mean, I agree with much of what the administration does. But we have differences of opinion. You know, there are things that I don't entirely agree with. But it's difficult for me to bring that up in an interview because then it creates a bone of contention. So then, I'm a little stuck in a bind, where I'm like, well, I don't wanna, you know, speak up against the administration, but I also don't wanna take responsibility for everything this administration's doing." On the "Big, Beautiful Bill" In Washington, federal workers say that DOGE has left the government's operations in disarray. And worst of all, it might have all been for nothing. Musk claims to have saved the government $175 billion so far (nowhere close to his original target of $2 trillion, or even his revised target of $1 trillion). And that was before the president's new spending bill passed the House. According to the Congressional Budget Office, the president's proposed budget will add $3.8 trillion to our debt over the next ten years. It's now being debated in the Senate. Musk said, "I was, like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, doesn't decrease it, and undermines the work that the DOGE team is doing." I said, "I actually thought that, when this 'big, beautiful bill' came along, it'd be like, everything he's done on DOGE gets wiped out in the first year." "I think a bill can be big or it can be beautiful," Musk laughed. "But I don't know if it could be both. My personal opinion." And here is where the story gets a little complicated. 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Still, on Friday, they held a media event at the White House to confirm their mutual admiration—and to leave the door open for future collaboration. "Elon's really not leaving," Mr. Trump said. "He's gonna be back and forth, I think, I have a feeling." Musk added, "The DOGE team is doing an incredible job. They're going to continue doing an incredible job, and I will continue to be visiting here and be a friend and advisor to the president." President Donald Trump looks on as Elon Musk speaks during a news conference in the Oval Office of the White House, Friday, May 30, 2025, in Washington. Evan Vucci / AP Musk might be the first to admit that his DOGE experiment gave him a black eye—like the actual black eye he had on Friday, which he says he got from his five-year-old son … or the matching one on that statue. At least for now, Musk says that his focus will be running his business ventures: Tesla, Starlink, X, xAI, Neuralink, Optimus robots, the Boring Company, and SpaceX. 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Fox News
2 hours ago
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Elon built the DOGE rocket and it's going to keep flying
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