🔥Dogecoin co-founder reveals shocking news: DOGE deflation secrets revealed!
Billy Marcus, the legendary co-founder of Dogecoin, recently dropped a bombshell on the X platform! He exclusively revealed how to make the unlimited supply of DOGE achieve deflation, and this news instantly set off the entire network!
As a star in the meme coin world, Dogecoin has no upper limit on the total supply, and 5 billion new coins are issued every year. This mechanism has caused widespread doubts about its value. However, Marcus made a shocking statement: "Just initiate a pull request on GitHub and convince the community and miners to adopt the new version, and DOGE can easily achieve deflation!"
As of now, the total market volume of Dogecoin has reached 146.78 billion. Despite the annual issuance of 5 billion coins, its inflation rate is actually decreasing year by year! In the face of criticism of unlimited supply, Billy cleverly compared DOGE with Bitcoin, pointing out that the two only differ in minor parameters, and even the total supply of Bitcoin can be increased to 21 million coins under the consensus of the community and miners.
He further emphasized the core position of the community in determining the inflation status of tokens. As an open source PoW cryptocurrency, the fate of Dogecoin is always in the hands of miners and the community.
After Billy shared, Elon Musk also spoke out in support: "Dogecoin's stable inflation is its unique charm, not a defect!" Musk pointed out that Dogecoin's inflation rate will gradually decrease over time, and its currency performance is even better than the US dollar!
It is worth mentioning that Musk was recently appointed by Trump as the head of the Department of Government Efficiency (D.O.G.E). The coincidence of the department name and DOGE is undoubtedly another proof of his indirect promotion of this meme coin!
If Dogecoin can really achieve deflation, the holder's dream of wealth freedom may be within reach! This shocking revelation undoubtedly adds infinite imagination and expectations to the future of Dogecoin!
Musk's shouting effect can not only stir the market, but also repeatedly become the detonation point of the bull market. In the future, you can continue to pay attention to ρꪊρρⅈꫀડ. If he continues to promote new concepts, perhaps the next explosive currency will be born.
