Dogecoin Co-Founder Shocking Revelation: DOGE Deflation Plan Shocks the Scene
Recently, Dogecoin co-founder Billy Markus dropped a "bombshell" on the X platform. His exclusive revelation of the Dogecoin deflation plan instantly ignited enthusiasm across the entire network.
As a dazzling star in the meme coin world, Dogecoin has attracted attention since its launch in 2013. Its total supply is unlimited, and the mechanism of issuing 5 billion new coins annually has sparked widespread controversy in the market regarding its value. However, Markus has now made a shocking statement: "Just submit a request on GitHub, persuade the community and miners to adopt the new version, and DOGE can easily achieve deflation."
As of now, the total market volume of Dogecoin has reached 146.78 billion coins. Although there are still 5 billion coins issued annually, its inflation rate has surprisingly decreased year by year. In the face of external doubts about Dogecoin's unlimited supply, Billy cleverly compared DOGE to Bitcoin, pointing out that the only differences lie in minor parameters, even stating that Bitcoin's total supply could also be adjusted to 21 million coins under community and miner consensus. He further emphasized the community's core role in determining the token's inflation status, noting that Dogecoin, as an open-source PoW cryptocurrency, has its fate always in the hands of miners and the community.
After Billy's revelation, Elon Musk quickly voiced his support: "The stable inflation of Dogecoin is its unique charm, not a flaw." Musk pointed out that Dogecoin's inflation rate will gradually decrease over time, and its currency performance even surpasses that of the US dollar. It is worth mentioning that Musk was recently appointed by Trump as the head of the Department of Government Efficiency (D.O.G.E), and the coincidence of the department's name with DOGE is undoubtedly another example of him indirectly promoting this meme coin.
If Dogecoin can indeed achieve deflation, the dream of wealth freedom for holders may be within reach. This astonishing revelation undoubtedly adds infinite imagination and expectation for the future of Dogecoin. After all, Musk's charisma can not only stir the market but has often been the ignition point for bull markets. In the future, if he continues to promote new concepts, it may truly give rise to the next explosive coin.
ρꪊρρⅈꫀડMusk-themed puppy, Ethereum chain, 16K+ holding addresses! Must ambush a bit in the bull market! $DOGE $SHIB $SOL #doge⚡ #shiba⚡ #BTC #pepe⚡ #WIF
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