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.
Dogecoin Touts Strategy Of Lowering Inflation By Minting 5 Billion DOGE Each Year: 'Money Is For Moving, Not Collecting Like Rare Pokemon Cards'
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Dogecoin's official X account said Thursday the memecoin mints 5 billion DOGE each year and that the fixed annual issuance reduces the token's overall inflation rate. The account added "Money is for moving, not collecting like rare Pokemon cards."
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