!! The big one is here!! The big one is here
!! DOGE investors cannot miss it!
Will the price of DOGE today break through the $0.55 barrier?
Recently, Billy Markus, the co-founder of DOGE, proposed an innovative plan aimed at transforming DOGE from an unlimited issuance to a deflationary state, which could significantly enhance the value of DOGE.
As we all know, DOGE, as a meme-based digital currency, has an unlimited supply, with a fixed issuance of 5 billion coins each year. In the long run, this issuance puts pressure on the currency's value.
However, there are reports that Musk shared a piece of GitHub code on social media, suggesting that this might be the key for DOGE to escape inflation.
The success of DOGE can also be attributed to the following three key factors:
Cultural Value - Tipping Culture: Since its inception on December 12, 2013, Dogecoin has quickly become a popular tipping currency. Many people participate in DOGE trading not out of speculation but as a way to share and express gratitude.
Charitable Spirit - Charity Culture: Dogecoin's application in the charity sector is extensive, from supporting the Jamaican bobsled team to helping Indian athletes participate in the Sochi Winter Olympics, and the "Doge4Kids" charity event, where all donations from DOGE were given to the 4 Paws For Ability charity.
Community Support - Popularity Index: Data shows that DOGE has over 75,000 followers in the Reddit community, far surpassing LTC, while BTC only reached 120,000 followers in five years. DOGE is accepted for BTC payments on several foreign websites, and its trading volume on C Network has consistently ranked first, surpassing all other altcoins, including Litecoin. High trading volume and good liquidity are important indicators of the value of digital currency.
