Dogecoin Touts Strategy Of Lowering Inflation By Minting 5 Billion DOGE Each Year: ‘Money Is For Moving, Not Collecting Like Rare Pokemon Cards’

Dogecoin (CRYPTO: DOGE) highlighted its inflationary model on Thursday, claiming that the fixed annual issuance effectively reduces the overall inflation rate.

Dogecoin Defends Strategy

Dogecoin’s official X account said that the memecoin mints 5 billion coins every year, due to which the rate of inflation 
decreases comparatively to the total supply.

While the inflation rate will eventually approach zero due to this framework, it’d never become negative or deflationary.

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