$DOGE
Good news is coming!
Friends who hold DOGE should pay attention!
DOGE founder Billy Markus has come up with a clever way to change DOGE from "increase" to "contraction", achieve deflation and increase its value.
We all know that DOGE is an unlimited MEME coin, with a fixed increase of 5 billion coins per year, which is not good for its value in the long run.
But Musk posted the code on social media, saying that DOGE can say goodbye to inflation. The method is not complicated. If you want to "contract", submit an application and convince the community and miners to use the new version.
At present, the total issuance of DOGE has exceeded 146.78 billion coins. Although the annual increase of 5 billion coins is amazing, the inflation rate is decreasing compared with the total issuance.
Musk's move was a response to critics. He also compared DOGE with BTC, saying that there is not much difference between the two. If the community and miners are willing, BTC can also be issued, and the inflation rate of DOGE will be lower and lower.
In another post, he emphasized that DOGE is open source, community-led, and miners listen to the community's arrangements.
Interestingly, Musk also participated, saying that DOGE's stable inflation is a feature rather than a disadvantage. And as the inflation rate decreases, DOGE is stable and controllable, and as a currency it is stronger than the US dollar.
He said this when he was just appointed as the head of the government efficiency department.
These news must be good news.
If it can shrink, our Dogecoin value space will be huge.
1 US dollar is completely fine.
In the recent market, Baiyi wants to lay out potential coins, which is easier to double.
It is also preparing to find some potential coins by the end of the year. It is expected that there will be more than 10 times the space.
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