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DOGE coin deflation death match: Scarcity narrative versus miner resistance
Billy Markus, co-founder of DOGE, proposed a deflation plan in early 2025, aimed at addressing the issue of insufficient scarcity caused by the unlimited issuance of DOGE (with an annual inflation rate of about 3%). The plan requires modifications to the technical code (such as reducing block rewards or setting a hard cap on total supply) and obtaining consensus from miners and the community for implementation. Currently, there is significant resistance: miners strongly oppose due to potential reductions in earnings, threatening to fork the network; there are differences within the community regarding technical risks (such as protocol vulnerabilities), and regulatory agencies are reviewing the compliance of its payment ecosystem, further increasing uncertainty.
If the deflationary mechanism is implemented, DOGE may transition from a "inflationary meme coin" to a value storage asset. Analysts predict that its scarcity narrative could push the price to break through 0.30 (doubling from the current 0.16), attracting institutional funds. However, if the consensus fails, the price may be pressured down to $0.10 and be replaced by deflationary competitors like Avalon (AVLX). A compromise solution could be gradual reform (maintaining annual inflation < 2%). The final outcome depends on the miners' willingness to compromise and technical security, and investors need to closely monitor community voting and the movements of key opinion leaders like Musk. #2025你关注哪些赛道?