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DOGE co-founder reveals: The mysterious strategy of DOGE deflation is exposed!
Billy Markus, the legendary co-founder of DOGE, recently revealed a shocking secret on X platform: how to make DOGE, a cryptocurrency with unlimited supply, achieve deflation! This news quickly attracted global attention.
As a representative of meme coins, DOGE has no upper limit on issuance, with an annual increase of 5 billion, which has raised doubts among many investors about its prospects. However, Markus boldly claimed: 'As long as you initiate a pull request on GitHub and successfully gain the support of the community and miners, DOGE can easily achieve deflation!'
Currently, the total supply of DOGE has reached 146.78 billion. Despite an annual addition of 5 billion, its inflation rate is decreasing year by year! Markus cleverly compared DOGE to Bitcoin, pointing out that there are only minor parameter differences between the two, and even the total supply of Bitcoin can be adjusted to 21 million based on community and miner consensus.
He further emphasized that the community plays a central role in determining the direction of the token economy. As an open-source PoW cryptocurrency, the future of DOGE is always in the hands of miners and the community.
After this revelation by Markus, Elon Musk also joined the discussion and expressed his support: "The stable inflation rate of DOGE is actually a major advantage, not a drawback!" Musk also pointed out that over time, the inflation rate of DOGE will gradually decrease, and its performance may even surpass the US dollar!
In addition, Musk was recently appointed as the head of the Department of Government Efficiency (D.O.G.E) by Trump. This coincidence of the name once again pushes this cryptocurrency into the center of public opinion. #打榜优质内容