I've been hearing a lot about cryptocurrencies and their economic models. One term I've encountered is 'deflationary'. I'm wondering if Doge, which is a cryptocurrency I've invested in, follows a deflationary model.
5 answers
Carolina
Fri Nov 22 2024
The inflationary nature of Dogecoin sets it apart from Bitcoin and other cryptocurrencies that aim for scarcity.
DavidJohnson
Fri Nov 22 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.
JejuSunshine
Fri Nov 22 2024
Dogecoin adopts a fundamentally different economic model compared to Bitcoin.
GangnamGlitzGlamourGloryDays
Fri Nov 22 2024
While Bitcoin has a finite supply cap of 21 million coins, Dogecoin operates on an inflationary model.
Lorenzo
Fri Nov 22 2024
This means that Dogecoin's supply is not limited and will continue to increase over time.