This is a continuation on my recent article 'excuses', basically all my articles are a continuation altough you can read them alone maybe you could have a better view if you read them as a continuation.So don't please think that i am somehow abrupt here, it seems more natural although in connection with my recent article.
Counters lost coins, coins are permanently lost when people lose their wallets or passwords. The steady new issuance helps offset this loss, keeping coins available for circulation.What to comment about this how many lost coins? So near 6 billion new coins to cover this, that is not absurdity is a fairy tale. Don 't you think ? This was my thought but no actually if the data is correct this argument has a base which i did not expect, so according to this data, every year, ~5.256 billion new dogecoin are mined, while ~1.7–3.4 billion are lost due to forgotten wallets or dead drives,it is huge.Losses nearly match new supply, so the effective growth is small.Estimated that by 2046, dogecoin’s supply (~258B) may stop growing losses could equal new coins, creating a natural ceiling.So yes it’s massive.The 1–2% annual loss estimate is supported by DogecoinPal (April 16, 2026), a trusted crypto analysis site.They state,estimates vary, but blockchain analysts suggest that between 1% and 2% of total cryptocurrency supply is permanently lost each year."This accounts for lost wallets, forgotten passwords, dead hard drives, unshared seed phrases.At 169.7B doge, that’s 1.7–3.4B lost per year, balanced by 5.256B newly mined.So yes the estimate maybe is real, and backed by data although i have cautions about the accuracy of that data, it is limited. Bitcoin has the most reliable estimate (~20% lost). Dogecoin's annual loss is estimated at 1.7–3.4 billion. Most other assets lack official lost coin data. Stablecoins (USDT, USDC) are pegged and experience minimal loss.
Although the ,1–2% annual loss estimate, 1.7–3.4 billion doge lost per year could be totally wrong.It’s not exact, just a rough an educated guess based on blockchain analysis,on inactive wallets, unmoved coins, user reports, so are assumptions not hard data, this data is limited due to no direct tracking, lost coins are invisible unless a wallet is proven dead, only assumed. Also no official source, unlike bitcoin, dogecoin has no central authority to verify losses.No one can prove it, so is to doubt. So yes it’s plausible, but not provable.You’re right to doubt. you're right to be cautious.
The 1.7–3.4 billion doge lost per year estimate could be exaggerated and benefits those who want mining to continue.Why? Dogecoin has no hard cap it creates 10,000 doge per block (5.256B/year).Miners rely on this continuous supply for income.If losses are overstated, it justifies perpetual mining keeping rewards flowing.Platforms like Fleet Mining or BM Blockchain profit from cloud mining deals, so they promote the idea of high loss to make mining seem essential.So yes the narrative that "so many doge are lost" helps keep mining alive, and someone benefits.These thoughts are not wrong.
Based on the search results, here is a table with only the cryptocurrencies that have official or widely accepted estimates for lost coins.
No official lost coin estimates exist for other major cryptocurrencies like ethereum , litecoin , or the rest of the top 12. Bitcoin and dogecoin are the only ones with credible, publicly discussed loss estimates.While the 1.7–3.4 billion doge lost per year figure is often cited, it is an unverified estimate. Unlike bitcoin, which has multiple reputable sources (Chainalysis, Glassnode, Fidelity) providing data, dogecoin lacks an official or widely accepted study to confirm its loss rate.
Although the btc lost coins data is more accurate than dogecoin’s, but still not exact.This is due to bitcoin’s blockchain is older and better studied.Analysts use UTXO age, dormant wallets, and clustering to estimate losses.So 3–4 million btc(~15–20%) are likely lost, based on, satoshi’s unspent coins (~700K–1.1M btc), early wallets never moved (2009–2011), provably unspendable (burn) addresses confirmed cases (e.g., James Howells’ 7,500 BTC in landfill), but still no one knows for sure. Inactivity ≠ lost. Some wallets are held long-term, not lost.
So yes btc is more reliable than doge, but still an estimate.
Technical problems contribute to crypto loss too.For bitcoin, dogecoin, key issues include wallet corruption especially in older clients like MultiDoge (.wallet files that crash or won’t open),software bugs, glitches in blockchain sync or transaction processing. Outdated wallets old wallet.dat files that don’t work with new software, scrypt algorithm (dogecoin) memory-heavy, making password recovery harder, keypool issues change addresses lost if backups are outdated, hardware failure, dead drives, water damage, fire but data can rarely be recovered.While most losses are from human error, technical flaws in wallet design and updates make recovery harder especially for early adopters.Many times you don 't know what to do, also It is often not worth attempting recovery due to a lack of access to necessary tools or the uncertain success rate.
Even today, crypto losses remain high due to, AI-driven scams and supply-chain hacks (e.g., the 2025 Bybit hack via Safe Wallet), phishing, fake wallets, and voice-cloning scams tricking users, human error like forgotten passwords, lost seed phrases, dead hardware,social engineering scams using emotional manipulation to steal funds.While early losses were from carelessness, recent ones stem from sophisticated attacks and ongoing user vulnerability not just with btc,doge, but across crypto.So yes, maybe the risk hasn’t dropped.It’s just changed shape.
Yes, experiencing small overcharges or incorrect amounts when swapping or trading dogecoin can happen, and there are several common explanations like, transaction fees, doge has a fixed minimum transaction fee of 1 doge per transaction (for standard-sized transactions). This fee is often misunderstood as an overcharge, especially when sending small amounts. Some wallets or exchanges may charge additional service fees on top of this, wallet or exchange errors, third-party platforms like Exodus or Trust wallet, have very high fees even if their support not even respond , have been reported to miscalculate fees or display incorrect balances during swaps, sometimes taking more than expected or failing to process transactions properly, especially with BEP-20 versions of doge,network confirmation issues, if a transaction is stuck due to low fees (or incorrect fee estimation), users might retry, accidentally creating multiple transactions, leading to unexpected deductions,slippage or price volatility, when swapping doge on decentralized exchanges (like PancakeSwap), price slippage or network congestion can cause transactions to execute at slightly different rates than expected, especially with meme coins,user error, sending to the wrong address or selecting the incorrect network (e.g., BEP-20 vs. native Dogecoin) can result in lost funds or failed transactions that appear as overcharges.So always double-check transaction details, use trusted wallets, and consider sending a small test amount first although this does not guarantee success it may significantly reduce the risk. .
In many cases, users don’t notice immediately the wrong amount because, the transaction appears pending rather than failed, wallets don’t always alert users about unconfirmed or dropped transactions, the blockchain doesn’t "reverse" transactions users must manually rebroadcast or replace them (e.g., via RBF).They suggest always verifying transactions on a block explorer and keeping wallets updated and backed up even so who does this, who knows it and what you can actually fix with this if there is real problem? Beyond that the most users will never notice all this at all. So yes, even if a dogecoin swap or trade appears successful, a small amount can be lost and go unnoticed due to several reasons.The most common reasons are that many users deem the amount as correct and don t calculate, they ignore checking or even if they notice a difference forget or they don't get into this process at all due to time consumption, ignorance, uncertain results.
But these coins are not truly lost, they go somewhere specific and are accounted for on the blockchain. Not all the crypto that leaves your wallet is actually lost forever since the coins just move to someone else instead of disappearing. When you pay the network fee like the 1 doge minimum that money goes directly to the miners who keep the system running. If you pay extra fees to an app or exchange that extra bit becomes their profit. Even when you get scammed or send coins to the wrong address the funds are not gone but are sitting safely in another person's wallet. So nothing truly vanishes from the blockchain because every single coin ends up in a specific pocket whether it belongs to a miner, a company, or a stranger, even if it feels like it disappeared from your screen.
Unlike fees or scams where coins just move to a new owner, the coins from forgotten wallets, lost seed phrases, or destroyed hard drives are truly inaccessible forever. If you forget your password, lose your paper backup, or your hardware gets crushed, the private key needed to unlock those funds is gone, and no one on earth can get it back. The coins still sit on the blockchain visible to everyone, but they are effectively frozen in place like digital ghosts because there is no central bank to reset your password. So while fee coins go to miners and scam coins go to thieves, these lost coins just stay stuck , removed from circulation forever because the only key that could move them has vanished. These are the actual lost ones.
So this estimation about the lost coins seems exaggerated to me and this situation shows a huge problem. It may be that the lost coins increase the value for the others but tomorrow could be you the victim beyond that the damage can't be compared i think, doge and crypto are failing in basic simple things and no one cares or notices them, it is failing in safety privacy and easy use, many want to hear that they will be rich, about the road from scratch to million or billion but i can't say the same.The actual, ugly situation is that many are devastated, lost keys mean lost life savings.Some blame themselves, others blame poor wallet design or scams, many from those users warn recovery services are failure or scams.This is problem which require community 's reaction to express the frustration , the system is mistake-intolerant lose your key, lose everything. So if i ever invest a big amount i will do it through a bank if it is responsible to handle a failure or through an etf probably.
To make a comparison with fiat we can see that there are no reliable figures for how much physical USD or EUR is lost or destroyed annually. Unlike crypto, fiat currency is not tracked once lost central banks replace it through new printing.However, historical data shows that about 152 fiat currencies have failed due to hyperinflation, with an average lifespan of 27 years.The U.S. dollar has lost ~98% of its purchasing power since 1971 due to inflation.So this is may be a small possitive thing for doge and crypto if at least could hold their values to a stable point but for many reasons i am not optimistic.
I will continue on that theme in my next article.Beyond this i have a lot news.I am using different wallets with small relatively amounts to try them so i have problem with one of them. Maybe i will write about this to be informed about what could expect and what i did. As i have said i was on usdc so i bought when it felt but not all doge a small amount only, a very small amount at about 0.082.I bought mainly eth below 1800. It is more easy and efficient with that low fees to trade eth , doge doesn 't make any effort for improvement so...I change net too, i was using base but with this problem with the wallet which was on base although i am not sure that has any relation with the problem instead that i have heard a lot complaints.I am using optimism now i don 't want to admit it but these publishox brats maybe are right not that i admit it of course i said maybe so will see.Sorry i can 't.
I notice that the most of you, you are keen on ugly for me themes, images. You are consistently liking it. So i should have had a destroyed umbrella, it would have matched with the theme too but i couldn 't, it was aesthetically too ugly for me.This was the more i could do.
Thanks for your time
kisses
