What is DRC-20 and How DRC-20 Coins Are Changing the Dogecoin Ecosystem

Bittime - Dogecoin (DOGE) has once again caused a stir in the crypto community with the emergence of DRC-20, a new token standard that allows anyone to create digital assets on the Dogecoin network. 

Previously known as a meme coin without much utility, Dogecoin is now evolving into a more complex ecosystem with the arrival of various DRC-20 coins.

Based on data from CoinGecko, the total market capitalization of DRC-20 as of October 10, 2025 reached US$24.6 million, up 95 percent in the last 24 hours. 

This surge was largely driven by the DOGI token, which accounts for over 90 percent of the total DRC-20 market capitalization.

Understanding the DRC-20 Standard on the Dogecoin Network

DRC-20 is a token standard that operates on the Dogecoin blockchain. This format allows users to create new tokens in a manner similar to ERC-20 on Ethereum or BRC-20 on Bitcoin.

Through DRC-20, users can mint, transfer, and manage tokens directly on the Dogecoin network. 

The transaction cost for minting tokens is relatively low, at around 0.1 DOGE per mint, encouraging many developers to experiment.

Technically, DRC-20 supports up to 18 decimal places in token fractions and has supply size restrictions to maintain transaction efficiency. This innovation makes Dogecoin not just a medium of exchange, but also infrastructure for new asset tokenization.

How to Create and Mint DRC-20 Tokens

The process of creating a DRC-20 token is not much different from other token standards. Users simply need to have a compatible wallet such as DPAL Wallet, top up their DOGE balance for transaction fees, and follow these steps:

1. Deploy: Create a new token contract with a name, symbol, and supply limit.
   
    
2. Mint: Print tokens according to the desired amount up to the maximum limit.
   
    
3. Transfer: After the token is minted, users can transfer or trade it on platforms that support DRC-20.
   
    

The entire process can be completed in minutes, depending on the congestion of the Dogecoin network.

Read also: The Pros and Cons of DOGE Coin: Facts You Should Know! 

Comparison of DRC-20 with Other Token Standards

The DRC-20 standard is often compared to ERC-20 on Ethereum and BRC-20 on Bitcoin. The main differences lie in the network and transaction fees.

• DRC-20 vs ERC-20:
   
• DRC-20 vs BRC-20:
   

With these characteristics, DRC-20 serves as a bridge for the Dogecoin community to experiment without high costs.

Read also: Why Did Dogecoin Prices Fall Today? What Caused DOGE to Drop?

Top DRC-20 Coins on the Market

Currently, the DRC-20 market is still small but showing rapid growth. Based on CoinGecko data, here are some notable DRC-20 coins:

• DOGI – Priced at around US$1.17, it has risen nearly 790 percent in the past week with a market capitalization of US$24.6 million.
   
• Doginal Kabosu (DOSU) – Traded at around US$0.0000837, with a daily volume of US$16.3.
   
• Dogebits (DBIT) – Worth approximately US$0.0000104, with limited market activity.
   
• FIWB, Dall, and IN PEPE WE TRUST (IPWT) – Listed as experimental projects with small but active volumes in the Dogecoin community.
   

Although most tokens are not yet listed on major exchanges, the increase in capitalization indicates the community's growing interest in Dogecoin-based innovations.

Read also: Dogecoin to $4, Here's the Analysis!

Potential and Risks of DRC-20

The main potential of DRC-20 lies in its ability to open up new opportunities for innovation on the Dogecoin network. This standard can be used to build decentralized applications, loyalty token systems, and even simple NFT projects.

However, the risks are also high. Because they are still new, DRC-20 projects are often speculative with low liquidity. 

In addition, the lack of regulation and supervision opens up opportunities for fraud or bogus projects.

Investors are advised to conduct thorough research before participating, especially since most DRC-20 tokens are not yet available on major exchanges.

Read also: How to Join the Dogecoin Community, Here's How!

Conclusion

DRC-20 brings important changes to Dogecoin by making it more than just a meme coin. The presence of this standard paves the way for various new tokens on the Dogecoin network and provides opportunities for developers to innovate.

However, the DRC-20 market is still in its early stages. Its growth potential is significant, but the risks of volatility and speculation remain high. 

As with other innovations in the crypto world, the approach must be taken carefully and thorough research must be conducted.

FAQ

Is DRC-20 the same as ERC-20?

No. DRC-20 operates on the Dogecoin network, while ERC-20 operates on Ethereum. Their basic functions are similar, but their supporting ecosystems are different.

How much does it cost to mint a DRC-20 token?

The average cost is around 0.1 DOGE per mint, but it can change depending on the Dogecoin network conditions.

Where can DRC-20 coins be traded?

Some DRC-20 tokens are already being traded on platforms such as Nonkyc.io, but they are not yet widely available on major exchanges.

Does DRC-20 support NFTs?

Yes. This standard allows fungible tokens and unique tokens (NFTs) to be created on the Dogecoin network.

Is DRC-20 safe to use?

Still in its early stages, DRC-20 is relatively risky. Users are advised to exercise caution and only use community-verified projects.

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