The perpetual motion printing machine, $DOGE , the mechanism of additional issuance is revealed!
DOGE, this thing, has a unique mechanism of additional issuance!
DOGE is like a non-stop printing machine, which keeps printing new money every minute, adding 10,000 by 10,000, which is a full 5 billion new coins a year. According to the current price, this can add 200 million to the market value of DOGE every year. Although the increase is not large, everyone seems to buy it.
After all, BTC is becoming more and more scarce, while DOGE is becoming more and more abundant, and each has its own way of playing!
These 5 billion new coins are not all issued at once, but are rewarded little by little through the blockchain every day. Every minute, a new block will be born on the blockchain, and 10,000 DOGE are hidden in it. In this way, in a day, there are 14.4 million new coins, and in a year, there are more than 5.2 billion new coins! This mechanism is designed to be quite stable, ensuring that DOGE has new blood every year.
Now in 2024, DOGE's market value has soared to about $66 billion, and there are 147 billion DOGE in circulation. The market value is the current price multiplied by the number of DOGE in circulation, and this number of DOGE in circulation is increasing every year, because DOGE has no upper limit and will issue 5 billion new coins every year.
Looking forward ten years, DOGE's issuance strategy will remain the same, with 5 billion new coins issued every year. In this way, after ten years, there will be 50 billion new coins. Although the proportion of new DOGE in the total amount will become smaller and smaller, and the inflation rate will decrease, the rewards for miners are still sufficient, and the network can remain stable.
The fullness of DOGE is actually its design feature. Unlike BTC, DOGE has no upper limit and will issue 5 billion new coins every year. In this way, miners can get rewards, the network can remain secure, and transactions can proceed smoothly, and it will not become scarce due to fixed supply.
Recently I plan to ambush a potential coin that is ready to explode. It is very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. The number of places is limited! If you want to follow, like + leave a message.
