Ten Major Support Factors for Dogecoin's Move Towards $1:
First, it has humorous social characteristics and is a well-established strong consensus POW cryptocurrency. Second, it is decentralized and ownerless, with strong autonomy. Third, its token model has advantages, with an annual issuance of 5 billion (3% inflation) that can ensure miner profits and maintain POW network stability without relying on price doubling, in contrast to Bitcoin's unstable model that requires price increases to sustain miner profits after halving every four years, making it more robust.
Fourth, aiming for peer-to-peer cash, it is expected to combine payment and value storage properties, while Bitcoin leans more towards value storage. Fifth, the Dogecoin community is open and inclusive, conducive to forking and upgrading. Sixth, the support from the X platform and Musk helps consolidate the upgrade consensus. Seventh, it has a low unit price, which is friendly for newcomers.
Eighth, the development of quantum computers promotes the upgrade of cryptocurrency digital signature algorithms, which is an inevitable trend, while upgrading POW cryptocurrencies is extremely difficult. Ninth, the current status of Dogecoin is favorable for its advancement towards POW 2.0, and the X platform and Musk help achieve upgrade consensus, whereas Bitcoin faces challenges. Tenth, the future comparison between Bitcoin and Dogecoin models is unavoidable; cryptocurrency security upgrades are imperative, and if Dogecoin successfully transforms, it will achieve strong monetary attributes. Currently, Dogecoin is still in its early stages, and its POW 2.0 vision is highly promising and worth looking forward to and paying attention to. #marvin尾数7055