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$DOGE Deflation Plan Exposed! Is Dogecoin About to Make a Comeback?

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Dogecoin has been making big moves recently! One of the founders, Markus, made a bold statement on social media, saying that Dogecoin is going to become a deflationary currency. As soon as this news broke, it sent shockwaves through the entire crypto community.

What is deflation?

In simple terms, deflation means the purchasing power of a currency increases. If $10 can buy one cake, after deflation, only $5 would be needed to buy the same cake. To achieve this goal, Dogecoin needs to modify its code, which is no small challenge and requires the support of community members and miners.

Current Situation and Challenges:

Currently, the circulating supply of Dogecoin has reached 146.78 billion, with an additional 5 billion being added each year. Although the growth rate is slowing down, the total supply keeps increasing. To achieve deflation, significant changes are needed.

Markus's Bold Prediction:

Markus even stated that Bitcoin's rules have also been changed in the past, and Dogecoin could undergo similar transformations. He predicts that Dogecoin may become a more reliable digital currency than fiat currency.

If this deflation plan is successfully implemented, Dogecoin is sure to create another wave of excitement. Let's look forward to its future development!

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