Will $DOGE be a stepping stone for ordinary people to achieve financial freedom? Latest news, Dogecoin founder Billy Markus has begun pushing for deflation of Dogecoin! Elon Musk is also here to support!!!

Dogecoin, the meme coin that started gaining popularity in 2013, has always been a topic of discussion due to its unlimited total supply and the annual issuance of 5 billion new coins. However, Billy Markus stated that as long as a request is submitted on GitHub and the community and miners are persuaded, Dogecoin can easily achieve deflation. This statement really took everyone by surprise!

Currently, there are already 146.78 billion Dogecoins in the market. Although new coins are still being issued every year, the inflation rate is slowly decreasing, which is quite unexpected. In response to everyone's doubts, Billy compared it to Bitcoin, saying that the two only differ in subtle parameters, and even Bitcoin's total supply can be adjusted with community and miner consensus. He emphasized that the community plays a crucial role in determining the inflation status of Dogecoin, as Dogecoin is an open-source PoW cryptocurrency, and its fate is in the hands of miners and the community.

After Billy's revelation, Musk quickly came to support him, stating that the stable inflation of Dogecoin is its charm, not a defect. Musk also indicated that Dogecoin's inflation rate will continue to decrease, even performing better than the US dollar. Moreover, Musk was recently appointed by Trump as the head of the Department of Government Efficiency, and the coincidence of the department's name with DOGE has also been interpreted as him indirectly promoting Dogecoin.

If Dogecoin can really achieve deflation, then the dream of financial freedom for holders might actually come true. This revelation has brought endless imagination for the future of Dogecoin. After all, Musk's influence is undeniable; he not only stirs up the market but also always becomes the ignition point of a bull market. $DOGE $DOGE #DOGE冲冲冲