🔥 Dogecoin Co-founder Reveals Shocking Secret: How DOGE Can Achieve Deflation, The Internet is Abuzz!
Dogecoin's co-founder Billy Markus recently released shocking news on the X platform! He unveiled an astonishing method that can lead to deflation even though DOGE's total supply is infinite and 5 billion new coins are added each year! This revelation immediately sparked widespread attention.
As a representative of meme coins, Dogecoin's supply mechanism has long been a topic of controversy. However, Markus stated that as long as a request for an update is made on GitHub and gains the approval of the community and miners, DOGE's supply can be effectively managed and even achieve deflation!
Currently, Dogecoin's circulating supply has reached 146.7 billion coins, with an annual issuance of 5 billion coins, yet its inflation rate is gradually decreasing. Markus also pointed out that although there are differences between Dogecoin and Bitcoin, both can adjust their supply based on community consensus, and even Bitcoin's total supply can be adjusted through consensus.
Elon Musk expressed support for Billy's views, stating: "The stable inflation of Dogecoin is its unique charm." He believes that over time, Dogecoin's inflation rate will gradually slow down and may even become more advantageous than the US dollar!
This news undoubtedly adds limitless possibilities for the future of Dogecoin. If DOGE truly achieves deflation, holders may be on the path to realizing their dreams of financial freedom!
Additionally, every time Musk speaks, it has a significant market impact, and we can continue to pay attention to the Ethereum chain’s p͟͞u͟͞p͟͞p͟͞i͟͞e͟͞s͟, as Musk could shout at any moment.