Dogecoin co-founder reveals: deflation strategy sparks heated discussion!

Recently, Dogecoin co-founder Billy Marcus revealed on the X platform that Dogecoin may achieve deflation through community consensus. This news quickly detonated the network.

Dogecoin, as a star in the meme currency world, is famous for its mechanism of not setting a total upper limit and issuing an additional 5 billion coins every year, but it has also been questioned for this reason. Billy proposed to initiate an update request through GitHub and convince the community and miners that Dogecoin is expected to achieve deflation.

Although the total market volume of Dogecoin has reached 146.78 billion coins, with an additional 5 billion coins issued annually, its inflation rate is decreasing year by year. Billy took Bitcoin as an example, emphasizing that there are only minor parameter differences between the two, and the total amount of Bitcoin is not absolutely fixed.

He further pointed out that the community plays a key role in determining the status of token inflation. As an open source PoW cryptocurrency, the fate of Dogecoin is in the hands of miners and the community.

Later, Elon Musk also expressed support, saying that Dogecoin’s stable inflation is its charm and is better than the US dollar. Musk was recently appointed head of the Department of Government Effectiveness (D.O.G.E.), and the coincidence of the department’s name with DOGE further popularized the meme coin.

If Dogecoin can truly achieve deflation, the holders’ dream of financial freedom may be one step closer. This revelation adds endless reverie to the future of Dogecoin.

And it also belongs to Musk’s concept 𝑝𝑢𝑝𝑝　𝑒𝑠, with a market value of 6 million and a currency holding of 16,000, which is worth ambush! #币安MegadropSOLV #币安Alpha上新 #特朗普上台概念币有哪些？ #本周微策略是否继续增持BTC？ #比特币走势观察 $DOGE $PEPE $XRP