Attention Dogecoin Holders
Is Dogecoin Going Deflationary? The Crypto World is Shaking!
Recently, Dogecoin founder Billy Markus revealed that Dogecoin plans to implement deflation to make it more valuable. Deflation means reducing the circulation volume, making the currency more powerful in purchasing. Currently, there are about 146.78 billion Dogecoins in circulation, with an annual increase of 5 billion, and the growth rate is gradually slowing down. If the deflation is successfully implemented, Dogecoin will become scarcer and more precious from being 'generous'.
The success of this plan hinges on the support of the community and miners. Billy Markus also boldly predicts that Dogecoin may surpass fiat currency and become a more reliable form of currency.
Summary
The deflation plan for Dogecoin could bring significant changes, the future is full of uncertainties, but it is worth paying attention to.
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