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🔥 Dogecoin holders must see‼️ Elon Musk publicly defends the inflation mechanism!
Recently, Elon Musk defended the inflation rate of Dogecoin on Twitter (now called X), stating that its "steady inflation" is a feature of Dogecoin, not a flaw. This statement was in response to a tweet by Dogecoin co-founder Billy Markus, who mentioned discussing how to adjust Dogecoin's inflation model.
Unlike Bitcoin or Ethereum, Dogecoin has an unlimited supply, with 10,000 new coins generated every minute, meaning its supply will continue to increase, while the relative value of each individual coin may decrease over time. Markus had proposed adjusting this token economics through voting, but this has sparked considerable controversy.
However, Musk firmly supports the current inflation mechanism, believing it is precisely Dogecoin's unique advantage. He argues that this design can maintain Dogecoin's relatively stable growth potential rather than letting it fall into supply-demand imbalance. He has also been a loyal supporter of Dogecoin, frequently promoting it on social media and collaborating with Dogecoin developers to enhance its viability as a practical payment tool.
This also means that, although Dogecoin's inflation model differs from other cryptocurrencies, Musk still believes it can bring sustained growth potential, rather than risks.
🧐 What do you think about Dogecoin's inflation mechanism? Can Musk's support help Dogecoin maintain its unique advantages in the future, or are there hidden dangers? Feel free to leave comments for discussion!
Additionally, I am recently preparing to ambush a potential coin, which is expected to double easily, with an anticipated potential of over 10 times. Friends interested, please like and comment!
#Marvin #Marvin7055 #加密市场反弹 #BTC重返10万 #DeFi全线飙升 $AAVE
$DOGE
$LTC
Recently, Elon Musk defended the inflation rate of Dogecoin on Twitter (now called X), stating that its "steady inflation" is a feature of Dogecoin, not a flaw. This statement was in response to a tweet by Dogecoin co-founder Billy Markus, who mentioned discussing how to adjust Dogecoin's inflation model.
Unlike Bitcoin or Ethereum, Dogecoin has an unlimited supply, with 10,000 new coins generated every minute, meaning its supply will continue to increase, while the relative value of each individual coin may decrease over time. Markus had proposed adjusting this token economics through voting, but this has sparked considerable controversy.
However, Musk firmly supports the current inflation mechanism, believing it is precisely Dogecoin's unique advantage. He argues that this design can maintain Dogecoin's relatively stable growth potential rather than letting it fall into supply-demand imbalance. He has also been a loyal supporter of Dogecoin, frequently promoting it on social media and collaborating with Dogecoin developers to enhance its viability as a practical payment tool.
This also means that, although Dogecoin's inflation model differs from other cryptocurrencies, Musk still believes it can bring sustained growth potential, rather than risks.
🧐 What do you think about Dogecoin's inflation mechanism? Can Musk's support help Dogecoin maintain its unique advantages in the future, or are there hidden dangers? Feel free to leave comments for discussion!
Additionally, I am recently preparing to ambush a potential coin, which is expected to double easily, with an anticipated potential of over 10 times. Friends interested, please like and comment!
#Marvin #Marvin7055 #加密市场反弹 #BTC重返10万 #DeFi全线飙升 $AAVE
$DOGE
$LTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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