Big things are coming!!!
Attention to those who hold $DOGE !!!
Billy Markus, the founder of DOGE, recently made a big move. He proposed an idea.
It can make DOGE change from "flooding" to "withdrawing", that is, to achieve deflation, so that the value of DOGE may usher in a big surge!
Everyone knows that the issuance of DOGE, a MEME coin, is not capped. It is fixed to increase the issuance of 5 billion coins every year. In the long run, this is not a good thing for its value. But Musk directly posted a GitHub code on social media, saying that it can make DOGE say goodbye to inflation. This method is not difficult. Whoever wants DOGE to "withdraw" can submit a code modification application and then persuade the community and miners to use the new version together.
Now the total issuance of DOGE has exceeded 146.78 billion coins. Although the annual increase of 5 billion coins sounds scary, compared with the total plate, the inflation rate is actually declining year by year.
Musk's move is actually a response to those who criticize DOGE for unlimited "water release". He also compared DOGE with BTC, saying that there is actually no difference between the two except for a few different parameters. What he meant by this is that if the community and miners are willing, the issuance of BTC can also increase, but BTC will be mined out by 2140, and DOGE's inflation rate will be lower and lower.
He emphasized in another post that DOGE is open source, the community is the boss, and miners also listen to the community.
Interestingly, Musk also joined in the fun, saying that DOGE's stable inflation is actually its feature, not a disadvantage.
Moreover, DOGE's inflation rate is getting lower and lower, stable and controllable. As a currency, it is much better than the US dollar. Musk said this after he was appointed by Trump as the head of the Government Efficiency Department.
Recently, I plan to ambush a potential coin that is ready to explode. It is still very simple to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space. If you want to follow up, like + leave a message and share it for free.
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