Billy Markus, the legendary co-founder of Dogecoin, recently dropped a bombshell on the X platform! He exclusively revealed how to achieve deflation for the infinitely supplied DOGE, instantly igniting the entire internet!
As a star in the meme coin world, Dogecoin has no upper limit on its total supply, with a fixed annual issuance of 5 billion new coins. This mechanism has sparked widespread doubts about its value. However, Markus surprisingly stated, "Just initiate a pull request on GitHub and persuade the community and miners to adopt the new version, and DOGE can easily achieve deflation!"
As of now, the total market supply of Dogecoin has reached 146.78 billion coins. Despite the annual issuance of 5 billion coins, its inflation rate has actually been decreasing year by year! In response to criticism of its infinite supply, Billy cleverly compared DOGE to Bitcoin, pointing out that the only differences lie in minor parameters, and even Bitcoin's total supply can be increased to 21 million coins with community and miner consensus.
He further emphasized the core position of the community in determining the inflation status of the token, stating that as an open-source PoW cryptocurrency, the fate of Dogecoin is always in the hands of miners and the community.
After Billy's sharing, Elon Musk also voiced his support: "The stable inflation of Dogecoin is its unique charm, not a flaw!" Musk pointed out that Dogecoin's inflation rate will gradually decrease over time, and its currency performance even surpasses that of the US dollar!
It is worth mentioning that Musk was recently appointed by Trump to head the Department of Government Efficiency (D.O.G.E), and the coincidence of the department's name with DOGE is undoubtedly another proof of his indirect promotion of this meme coin!
If Dogecoin can truly achieve deflation, then the dream of wealth freedom for holders may be within reach! This shocking revelation undoubtedly adds unlimited imagination and expectation to the future of Dogecoin!
Musk's market-moving effect can not only stir the market but has also repeatedly become a trigger for bull markets. In the future, we can continue to pay attention to ρꪊρρⅈꫀડ, as he may really give birth to the next explosive coin if he continues to promote new concepts. $BTC $XRP $DOGE #比特币走势观察 #AIAgent热潮 #SUI创新高 #加密市场反弹 #比特币哈希率创新高
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