Breaking news!
Attention friends who have $DOGE !
Billy Markus, the founder of Dogecoin, has recently made a big move. He has come up with a way to change Dogecoin from "constantly issuing new coins" to "no longer issuing excessive coins" to achieve deflation. In this way, the value of Dogecoin may soar!
We all know that the issuance of Dogecoin, a MEME coin, has no upper limit, and 5 billion coins are issued every year. In the long run, this is not a good thing for the value of Dogecoin. But Markus directly posted a code on social media, saying that it can stop Dogecoin from "flooding". This method is not complicated. Whoever wants Dogecoin to "collect water" can submit a request to modify the code, and then persuade the community and miners to use the new version together.
The total issuance of Dogecoin has now exceeded 146.78 billion coins. Although the annual increase of 5 billion coins sounds scary, the inflation rate is actually slowly declining compared to the total plate.
Markus's move is actually a response to those who say that Dogecoin "flooding" is unlimited. He also compared Dogecoin with BTC, saying that there is no difference between the two except for a few different parameters. What he meant by this is that if the community and miners are willing, the issuance of Bitcoin can also increase, but Bitcoin will be mined out by 2140, while the inflation rate of Dogecoin will be lower and lower.
He also said in another post that Dogecoin is open source, the community is the boss, and miners listen to the community.
What's more interesting is that Musk also joined in the fun, saying that the stable inflation of Dogecoin is actually its feature, not a disadvantage. Moreover, the inflation rate of Dogecoin is getting lower and lower, stable and controllable. As a currency, it is much better than the US dollar. Musk said this after he was appointed by Trump as the head of the government efficiency department.
Recently, I plan to ambush a potential coin that is ready to explode. It is still very simple to double it. At the same time, I am also preparing to find some potential coins to hold until the end of the year. It is no problem to expect more than 10 times the space. The number of places is limited! If you want to follow up, like + leave a message.
