Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Nov / 14
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- Elon Musk Advocates for Dogecoin’s Unique Inflation Model Amidst Surging Popularity
- Nov 14, 2024 at 01:39 am CoinstelegramEng
- Elon Musk explains Dogecoin's stable inflation rate as a designed feature, not a flaw. Despite recent speculation about Musk's involvement in government and its potential impact on DOGE, he emphasizes that the cryptocurrency's predictable inflation aligns with its purpose as a currency. Dogecoin's fixed issuance rate has resulted in a low inflation rate, positioning it as a potential option in the digital currency landscape.
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Jun / 13
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- Bitcoin, Ether rallies on lower-than-expected Inflation data
- Jun 12, 2024 at 11:04 pm Todayq News
- Digital assets surged following the release of positive inflation data, with Bitcoin (BTC) rising by 2% and Ether (ETH) gaining over 3%. The unadjusted CPI annual rate came in at 3.3%, lower than expected, fueling a rally that pushed BTC towards $70,000. Other cryptocurrencies, such as Solana (SOL), also experienced significant gains, contributing to a 3% increase in the cumulative crypto market cap.
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May / 16
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- Memecoins Jump 8% as US Inflation Falls
- May 16, 2024 at 09:44 am Coingape News Media
- Memecoins Surge Amidst Falling Inflation Memecoins are experiencing a resurgence, fueled by intra-day trading and a rally in broader markets as inflat...
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Apr / 26
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- Crypto Prices Today 26 April: Inflation Spikes, Bitcoin Cool
- Apr 26, 2024 at 09:19 pm Coingabbar
- In the realm of cryptocurrencies, Bonk, Wormhole, and Near Protocol emerged as top gainers, experiencing significant percentage increases. Stripe's re-entry into the crypto market through payments via USDC stablecoins aims to bridge the gap between crypto and fiat currencies, while the Bank of Japan maintains low interest rates and continues bond purchases, influencing the yen's value. Despite gloomy economic data, including rising PCE inflation, Ark Invest adjusts its portfolio and identifies a bullish signal in US tax receipts. Spot Bitcoin ETFs in the US face outflows, and the SEC takes legal action against Geosyn Mining for alleged investor fraud.
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Apr / 04
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- Non-Inflationary Dogecoin Alternative with Added Earning Potential – Matthew Perry’s Presale Reviews
- Apr 04, 2024 at 05:19 pm TheBitTimes
- Matthew Perry's review underscores the inflation concerns within Dogecoin and presents Dogecoin20 as a solution to mitigate this issue. Dogecoin20, positioned as a greener alternative to Dogecoin, aims to address the inflationary pressures faced by its predecessor through a fixed supply model that eliminates the continuous creation of new coins. This iterative upgrade seeks to provide investors with a more sustainable and potentially lucrative investment opportunity.
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Feb / 16
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- Dogecoin Faces Decline Due to Inflation, New Deflationary Cryptocurrency Expected to Exceed It by 2024
- Feb 16, 2024 at 01:09 am Cryptopolitan_News
- Amidst concerns over Dogecoin's inflationary design, a new deflationary cryptocurrency, Pandoshi (PAMBO), has emerged. With its innovative tokenomics, including a buy-and-burn mechanism, Pandoshi has attracted significant investment, with over $4.5 million raised, surpassing Dogecoin's projected performance and becoming a promising alternative in the digital currency space.
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Dec / 21
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- Dogecoin Millionaire Wallets Remain Steady Despite Inflationary Nature
- Dec 20, 2023 at 09:44 pm COINTURK NEWS
- Despite the steady increase in Dogecoin's price of nearly 30% since the beginning of the year, the number of millionaire DOGE investors with large wallet balances has remained unchanged. This is surprising given its inflationary nature compared to other altcoins. Recent on-chain data reveals that the total number of millionaire-level DOGE wallet addresses has remained steady since December 2022, with a total of 716 recorded. As of December 20, 2023, the number has only increased by 2 wallets to 718, indicating a stable trend in millionaire DOGE investors, despite the coin's inflationary nature.
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Nov / 30
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- Understanding Dogecoin’s Inflation and Its Economic Impact on Crypto Value
- Nov 30, 2023 at 06:04 pm COINTURK NEWS
- Understanding the economic impact of inflation is crucial for crypto investors, particularly when it comes to coins like Dogecoin (DOGE). Analyzing public market data, it was interesting to calculate the potential price if Dogecoin reached its all-time high. Awareness of supply inflation dynamics is essential in navigating the crypto market.
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Sep / 09
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- Unlimited Supply Tokens: The Hidden Danger of Crypto Inflation
- Sep 09, 2023 at 02:30 am CryptoMesh
- Cryptocurrencies, such as Bitcoin, are digital forms of money that use cryptography to secure transactions and control the creation of new units. They have gained immense popularity due to their potential and implications for the future of finance. One key feature is their supply, with some having a fixed cap on the number of tokens or coins that can be created. This limited supply makes them deflationary, increasing in value over time due to scarcity. However, the hidden danger lies in unlimited inflation, as some cryptocurrencies may not have a cap, leading to potential devaluation of tokens.
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