Will $DOGE be the ladder for ordinary people to achieve financial freedom? Latest news, Doge founder Billy Markus has begun to push for Dogecoin's deflation! Elon Musk is also here to support!!!

Dogecoin, this meme coin that has been popular since 2013, has always been discussed because it has no upper limit on total supply and adds 5 billion new coins every year. However, Billy Markus stated that as long as a request is submitted on GitHub and the community and miners are persuaded, Dogecoin can easily achieve deflation. This statement really surprised everyone!

Currently, there are already 146.78 billion Dogecoins in the market, and although new coins are still being issued every year, the inflation rate is slowly decreasing, which is quite unexpected. In response to everyone's doubts, Billy compared it to Bitcoin, saying that the two only have slight differences in parameters, and even Bitcoin's total supply can be adjusted with the consensus of the community and miners. He also emphasized that the community plays a key role in determining Dogecoin's inflation status, as Dogecoin is an open-source PoW cryptocurrency, and its fate lies in the hands of miners and the community.

After Billy's revelation, Elon Musk quickly came out in support, stating that Dogecoin's stable inflation is its charm, not a flaw. Musk also mentioned that Dogecoin's inflation rate will continue to decline, even performing better than the US dollar. Additionally, Musk was recently appointed by Trump as the head of the government efficiency department, and the coincidence of the department's name with DOGE has also been seen as him indirectly promoting Dogecoin.

If Dogecoin can really achieve deflation, then the dream of financial freedom for its holders may truly come to fruition. This revelation has brought infinite imagination to the future of Dogecoin. After all, Musk's influence is undeniable; he can not only stir the market but also always be the catalyst for a bull market.

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