Dogecoin holders should pay attention
Is Dogecoin going to deflate? The cryptocurrency world is shaken!
Recently, Dogecoin founder Billy Markus revealed that Dogecoin plans to implement deflation to make it more valuable. Deflation means reducing the circulating supply, making the currency more powerful in purchasing capacity. Currently, there are about 146.78 billion Dogecoins on the market, with an annual increase of 5 billion, and the growth rate is gradually slowing down. If deflation is successfully achieved, Dogecoin will transform from being 'generous' to becoming more scarce and precious.
The success of this plan hinges on the support of the community and miners. Billy Markus also boldly predicts that Dogecoin may surpass fiat currency and become a more reliable form of currency.
Summary
The deflation plan for Dogecoin could bring significant changes, the future is full of uncertainty, but it's worth paying attention to!
Bonus tip: Potential Meme Coin focus
As a concept by Elon Musk, Marvin on the Ethereum chain is likely to become a potential meme coin. If market sentiment continues to rise, there might be unexpected surprises!
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