DOGE's * * * knowledge mechanism is power. In the first year, 654.38+00 billion copies were issued, and then 5 billion copies were issued every year. There is no upper limit to the total amount.
In other words, the inflation rate of DOGE in the second year is 5%, and with the increase of the total amount, the inflation rate will be lower and lower.
For currencies with inflation below 5%, as long as the network effect remains unchanged, there is almost no selling pressure, because some coins are always hoarded or lost their private keys, which will lead to a decrease in circulation, and 5% inflation can just make up for this missing circulation.
DOGE is a public chain with its own blockchain browser.
Second, the blockchain data of dogecoin.
At present, dogecoin has only 1440 132 addresses. 20 13 Up to now, this coin has been born for about six and a half years, and its position is only 1440 132.
1440132 ÷ 6.5 = 220,000, that is, only 220,000 addresses are added every year on average. This proves that dogecoin has not been widely used.
The above contents are for reference only. Please consult formal authoritative financial institutions for specific information.