Since its inception in 2013, DOGE has attracted the attention of Crypto Assets enthusiasts with its unique economic model. Unlike cryptocurrencies like Bitcoin that have a maximum supply limit, DOGE employs an unlimited supply mechanism.

It is estimated that by September 2025, the circulation of DOGE will exceed 150 billion coins. This number is impressive, but what is even more remarkable is its annual fixed issuance strategy. Each year, the system will steadily release 5 billion new DOGE into the market, and this amount will not decrease over time.

This continuous issuance model has brought about an interesting economic phenomenon. Although the annual increase in DOGE remains constant, as the total supply continues to expand, the proportion of annual issuance to the total amount will gradually decrease. This means that the inflation rate of DOGE will show a long-term declining trend, potentially reaching a relatively stable low inflation level.

The mechanism of DOGE is quite similar to that of traditional inflationary currencies. By continuously issuing more, DOGE aims to maintain market liquidity, which aligns with certain monetary policies of fiat currencies. However, this has also sparked discussions about its long-term value stability.

In contrast, Bitcoin and other hard-capped Crypto Assets have adopted a completely different strategy. Taking Bitcoin as an example, its total supply is strictly limited to 21 million coins, and this scarcity is considered an important support for its value.

The unlimited supply model of DOGE is undoubtedly a double-edged sword. On one hand, it provides continuous liquidity to the market; on the other hand, it may face the risk of long-term depreciation. Investors and market participants need to fully understand this mechanism and weigh the potential risks and opportunities when participating.

As the Crypto Assets market continues to develop, the economic model of DOGE will remain a topic of follow and discussion. Its future direction will not only depend on its inherent economic mechanisms but also be influenced by multiple factors such as market demand, technological development, and regulatory environment.