The supply mechanism of Dogecoin does have its uniqueness, with unlimited supply and serious inflation rate, ultimately it will become a fool's game to take over
1. Unlimited supply: Dogecoin has no fixed total supply limit, initially set to add 5 billion coins each year. Based on early circulation, the inflation rate was quite high (for example, around 5% in the early days). When Huoge first encountered Dogecoin, there were about 10 billion coins, which surged to 15 billion over a few years.
2. Impact of inflation: Theoretically, unlimited supply may lead to relatively low long-term deflationary pressure, but it may also weaken its attribute as a 'store of value', being more regarded as a cryptocurrency with strong social characteristics, with its price heavily influenced by market sentiment, community activities, and other factors.
For investors, these characteristics need to be considered in conjunction with their own risk tolerance and investment logic.