Dogecoin co-founder Billy Markus recently stated that Dogecoin may be entering a 'tight' era, sparking heated discussions in the cryptocurrency community. The so-called 'tight' refers to enhancing scarcity and value by reducing the supply of new tokens. This requires two steps: developers adjusting the code on GitHub and gaining widespread support from the community and miners.
Currently, Dogecoin has no total supply limit, with 5 billion new tokens added each year, maintaining a long-term 'inflation' characteristic. In contrast, Bitcoin has a capped supply, with a total maximum of 21 million. Billy suggested that if the issuance of Dogecoin is reduced, its value may increase and it could better respond to changes in the future economic environment. However, whether this change can be successful depends on community consensus, as reducing token supply may impact liquidity and the trading ecosystem.
For investors, this could be a potential opportunity. Even if the changes have not yet been implemented, related discussions have already attracted market attention. Billy also emphasized that the flexible design of Dogecoin may give it an advantage over traditional currencies, adding more possibilities for the future development of the market.
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