The Dogecoin community is in an uproar. One of the founders, Billy Markus, revealed on the X platform: Dogecoin is going to implement deflation! This news has caused a storm, creating huge waves in the crypto world. However, the truth of the news remains to be confirmed by officials.

Deflation, simply put, means making money more valuable. For example, in the past, you could buy a small cake for 10 yuan, but after deflation, 5 yuan would suffice, as the purchasing power of money strengthens. For Dogecoin to implement deflation, developers need to submit key changes on GitHub, but they also need the agreement of community members and miners since this is everyone's 'treasure.'

Currently, there are about 146.78 billion Dogecoins in circulation, with 5 billion new coins added each year, and the growth rate will gradually slow down. This is different from Bitcoin, which has a fixed total supply; theoretically, Dogecoin's supply continues to increase. However, Billy Markus claims that Bitcoin's rules can also be changed and predicts that Dogecoin may be more reliable than fiat currency in the future.

If deflation is successful, Dogecoin will shift from abundance to scarcity. Whether this happens depends on the community and miners. How will this deflation adventure unfold? We shall see, perhaps Dogecoin will amaze the crypto world.

Additionally, Musk agreed on the X platform to the suggestion of establishing TITS, stating that the timing may be right. If it comes true, TITS could bring powerful application scenarios to Dogecoin, enhancing its value. Meanwhile, many whales have been crazily buying DOGE recently. On December 27, one whale spent $90 million to purchase; on December 31, another whale bottomed out with 300 million coins, worth over $96 million.

As January 20 approaches, when Trump takes office, expectations for Dogecoin's price increase are very high. With Musk's support, the subsequent hype continues, and regardless of whether deflation occurs, Dogecoin's future performance is optimistic. Let's look forward to it together.

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