Investors holding $DOGE , please take note!
DOGE founder Billy Markus proposed to achieve the transition from "flooding" to "collecting" by adjusting DOGE's inflation mechanism, thereby driving the DOGE value to soar.
Currently, $DOGE adds 5 billion coins each year, but this is not good for the value in the long run. Musk recently posted code on GitHub, proposing to control the issuance volume and reduce inflationary pressure by modifying the mechanism.
Although the total amount of $DOGE has exceeded 146.78 billion coins, the additional 5 billion coins have decreased year by year, and the inflation rate is also declining. Musk responded to the criticism of DOGE's unlimited issuance, emphasizing that DOGE's inflation rate will gradually decrease, even similar to $BTC.
Musk also believes that DOGE's stable inflation is better than the US dollar, and hints that DOGE's future potential is constantly increasing.
Despite market uncertainty, investors still need to remain cautious and adopt a prudent strategy.