DOGE holder note: Deflationary policy may cause market turbulence!
Recently, Billy Markus, the founder of DOGE, revealed that DOGE may implement a deflationary policy with the aim of increasing its value. The core idea of deflation is to reduce the currency supply in the market, thereby increasing the purchasing power of each unit. Currently, the circulating supply of DOGE has reached 146.78 billion, with an annual increase of 5 billion, but this growth rate is gradually slowing down. If the deflation plan is implemented, the supply of DOGE will no longer be unlimited and may become more scarce, resulting in a higher market valuation. The success or failure of this plan depends on the support of the DOGE community and miners. Billy Markus even boldly predicted that DOGE has the potential to surpass traditional currencies and become a more stable form of payment. Summary: If DOGE's deflationary policy is successfully implemented, it may lead to a market revolution. Although the future is full of variables, this trend is undoubtedly worthy of investors' high attention. Welfare sharing: By the way, I'd like to share a potential coin with you, which is expected to have 10 times growth potential. I've already heavily invested in it. If you are interested in following, you can pay attention to Marvin on the Ethereum chain. Both Musk and V God are paying attention! In addition, the Ethereum chain's Marvin community, together with overseas capital, is entering the Sol chain. The new IP will be launched soon, with the potential to break through a market value of 100 million yuan in the short term. #打榜优质内容
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
DOGE holder note: Deflationary policy may cause market turbulence!
Recently, Billy Markus, the founder of DOGE, revealed that DOGE may implement a deflationary policy with the aim of increasing its value. The core idea of deflation is to reduce the currency supply in the market, thereby increasing the purchasing power of each unit. Currently, the circulating supply of DOGE has reached 146.78 billion, with an annual increase of 5 billion, but this growth rate is gradually slowing down. If the deflation plan is implemented, the supply of DOGE will no longer be unlimited and may become more scarce, resulting in a higher market valuation.
The success or failure of this plan depends on the support of the DOGE community and miners. Billy Markus even boldly predicted that DOGE has the potential to surpass traditional currencies and become a more stable form of payment.
Summary:
If DOGE's deflationary policy is successfully implemented, it may lead to a market revolution. Although the future is full of variables, this trend is undoubtedly worthy of investors' high attention.
Welfare sharing:
By the way, I'd like to share a potential coin with you, which is expected to have 10 times growth potential. I've already heavily invested in it. If you are interested in following, you can pay attention to Marvin on the Ethereum chain. Both Musk and V God are paying attention!
In addition, the Ethereum chain's Marvin community, together with overseas capital, is entering the Sol chain. The new IP will be launched soon, with the potential to break through a market value of 100 million yuan in the short term. #打榜优质内容